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Uganda : UGANDA: Cabinet backing $175m loan plan for redecorating the KAMPALA CITY

May 12, 2014

The Finance Ministry s proposal to take a $175 million loan from the International Development Association (IDA), an arm of the World Bank Group, for a significant redecoration of Kampala has received support from the Cabinet.

Cabinet has requested the Parliament to approve the offer of the Ministry of Finance intended for a major makeover of the city of Kampala.

The IDA resources are planned to be used to execute the Second Kampala Institutional and Infrastructure Development Project (KIIDP II).

Addressing the media at the Uganda Media Centre on Thursday, the Information Minister Rose Namayanja has stated that the project will facilitate better delivery of services in Kampala, along with added attention to improve and expand the city s overall road network.

The planned project will also facilitate enhancement of connectivity involving the suburban areas, alleviation of congestion, comfortable movement of people and business, as well as promotion of investment and generation of new job opportunities.

As part of the project s infrastructure development strategy, KCCA will improve road designs with superior pedestrian pathways and street-lighting system.

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Source: TendersInfo (India)

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