Government has tabled before Parliament a loan request worth $608.66 million (Shs2.26 trillion) to upgrade roads in Greater Kampala.
David Bahati, the Minister of State for Trade tabled the loan request during yesterday’s plenary sitting.
The loan is being sought from the World Bank and Agence Francaise de Development (ADB) to finance the Greater Kampala Metropolitan Area Urban Development Programme.
Once accessed, the finances will aid improvement of road infrastructure within Kampala, Wakiso, Mukono and Mpigi, including the municipalities of Entebbe, Kira, Makindye-Ssabagabo, Nansana and Mukono.
Through the program, the government seeks to address challenges of flooding, traffic congestion, un-signalized junctions and poor road infrastructure among others.
Bahati said that the planned upgrading of the roads will be part of the domestic revenue mobilization strategy aimed at marketing and promoting the use of rental properties that are outside the central business district.
Deputy Speaker of Parliament, Thomas Tayebwa referred the loan proposal to the House Committees of National Economy and Presidential Affairs for scrutiny.
