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The Minister of State for Trade, Mr. David Bahati tabled the loan request on Wednesday during a plenary session.
The government is seeking to ask the loan from the World Bank and Agence Francaise de Development (ADB). These will finance the Greater Kampala Metropolitan Area Urban Development Program.
When the loan is accessed, the finances will aid the improvement of road infrastructure within Kampala, Wakiso and Mpigi. Additionally, some municipalities like Entebbe, Kira, Makindye among others will benefit as well.
The government hopes to use the same program to address issues of flooding, traffic congestion, poor road infrastructure among others.
It also seeks to enhance strategic interconnecting roads measuring 611 km, junctions, markets among other things. This will help to make better Kampala’s area productivity and livability for sustainable social economic development.
Mr. Bahati explained how the planned upgrading of roads is to be part of the domestic mobilization strategy. He said it is aimed at marketing and promoting the use of rental properties located outside the central business district.
“The program will also contribute to addressing environmental degradation and flooding in this region through construction of climate and disaster resilient infrastructure, planting of trees and construction of drainage channels and greening of some of the areas along the road reserves,” Mr. Bahati said.
The loan proposal then got referred to the House Committees of National Economy and Presidential Affairs for further scrutinizing.
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