The government is planning to construct two new cities in the Albertine region and Buvuma Island, the minister in charge of urban development has said.
In an exclusive interview with the Daily Monitor last week, Ms Rosemary Najjemba revealed that the government would use part of the $150m (about Shs389.6b) World Bank loan to construct modern cities. The loan is meant to help develop 14 municipalities, including Hoima, which is located in the Albertine region. The region covers more than 10 districts.
“Oil is an attractive resource and quite a number of investors will be running to the Albertine to get closer to the resource,” she added. The government is expected to earn billions of dollars once commercial oil production starts. At Buvuma Island, palm oil fields cover close to 30,000 hectares of land, with government recently giving away 10,000 more hectares for the same cause.
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