Malaysian expertise is needed in the areas of construction, engineering and design, water treatment and waste management
By SHAHEERA AZNAM SHAH / Pic By ISMAIL CHE RUS
The Ugandan government is keen to have Malaysian construction expertise and property developers to develop its first maiden eco-friendly satellite city, valued at US$20 billion (about RM81.4 billion).
Local companies can explore investment opportunities for the first phase of the city’s development, valued at US$3 billion, Malaysian Inc Services Bhd chairman Tan Sri Esa Mohamed told reporters yesterday.
Malaysian Inc was tasked by the Ugandan government to plan and conduct a feasibility study on the 1,200ha development.
Malaysian expertise is needed in the areas of construction, engineering and design, water treatment and waste management, Esa said at the Uganda Eco-Satellite City Business Forum yesterday.
“The development of the satellite city is huge with a total land (size) of 1,200 acres (485.62ha), which was formerly a tea plantation and the Ugandan government intends to move four of their ministries’ offices to the city, while government (employees’) quarters have been earmarked for the development.
“The feasibility study has shown the potential and strategic points of the development and it is an opportunity for the local industry players to exploit,” he said.
He said the first phase of development will consist infrastructure and integrated township developments and is expected to commence at year-end and completed in five years.
“Similar to any city development, the Ugandan government will begin the development by providing the basic infrastructures and amenities, such as road connectivity, water and electricity support.”
According to Esa, the Ugandan government is currently in the process of acquiring the land earmarked for the development, with the first phase taking up to 500 acres.
“The priority for the Ugandan government is to build the first tier of infrastructure and Malaysian Inc is helping them to estimate the costs in detail, so that the land have all the required utilities.
“This is the first time we are speaking to Malaysian companies about this development,” he said.
The Ugandan government has earmarked Nakigalala area along the Kampala-Entebbe Expressway for the establishment of a satellite city with an aim of decongesting the capital, Kampala.
The development would be the first ultra-modern city in Uganda, with plans for three more similar cities.