Caroline Ayugi
00:44

Kitgum to get One Billion Shilling Market

3 Feb 2009, 18:34 1127 Views Kitgum, Uganda Business and finance Report
Kitgum town has received more than one billion shillings from the African Development Bank for the construction of a modern market. The Mayor of Kitgum town, Richard Okwera, says the new market will provide a central trading location for vendors, who are currently scattered all over town. He said it will also help to control the garbage generated by the food vendors and it will boost revenue collection. Okwera said purchase of the land on which the market is to be built is in its final stages. //Cue in: iWe are at #i Cue out: i# Kitgum Town Council. Kitgum is one of 26 districts benefiting from the African Development Bank loan for the building of modern markets. Funding from the African Development Bank is part of a 45 million-dollar loan to support the Community Agricultural Infrastructure Improvement Program in Uganda. The program is intended to enhance farmers' access to markets, attract competitive prices and increase incomes through improvements in rural infrastructures, The overall sector goal is to contribute to poverty reduction and economic growth in Uganda through enhanced commercialization of agriculture. Through the loan, the rehabilitation of 390 kilometers of district roads and 3,510 kilometers of community access roads will be conducted. It will also fund the construction of 78 functional marketplaces, supply and maintenance of electricity in the marketplaces and promotion of agro-processing in 78 sub-counties.

 

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Caroline Ayugi