| Project Site Kira Municipality, Wakiso District | |
| Sector Real Estate – Accommodation | |
| Investment Promoter Name: Kara Komuhangi Email: tkomuhangi@ugandainvest.go.ug | info@ugandainvest.go.ug Telephone: +256-414-301 000 Company: Uganda Investment Authority | |
| Project Contact Architect Geoffrey Mubiru / Kirsty Okelowange gmubiru@nhcc.co.ug | kokelowange@nhcc.co.ug +256-772-629326 | +256-781-354315 | |
| Project Description National Housing and Construction Company Limited is a semi quasi-Uganda government parastatal with a direct mandate to deliver housing on behalf of the Government of Uganda. It has a projected housing deficit of 200,000 units which is projected to increase with the extension of the metropolitan area to neighbouring towns of Wakiso and Mukono. In order to address the housing shortage and take advantage of immediate opportunities, National Housing has earmarked two housing developments – the Kireka slum rejuvenation project and the Bukerere housing projects and seeks financial partners, to develop the projects. The Kireka Slum re-development Project National Housing and Construction Company Limited (NHCC) owns 292 acres of freehold land, located in Kireka in the Kira Municipality within Wakiso district. NHCC plans to develop approximately 12,000 housing Units in five phases. The first phase of the project will entail development of social housing of 1,2 and 3 persons. The preceding phases will entail the development of commercial residential low cost, mid-income and high-end housing that include apartment blocks, town houses and villas alongside the supporting utilities of roads, power, sewerage treatment and Telecom services for the high-end segment, commercial retail and green parks. At the forefront of the concept is the adoption of sustainable approach to the design and implementation of the project. | |
| Investment Amount Required (US$) USD $158,400,000 (One Hundred Fifty-Eight Million Four Hundred Thousand Dollars) | |
Type of Project & Investment Project Type: Greenfield Investment Type: Joint Venture Feasibility Completed |
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