The Minister of State for Trade, Industry and Cooperatives, Hon David Bahati, together with the Chair and Vice Chairperson of Parliament’s Committee on Trade and Tourism and the Board of Uganda Development Corporation have today inspected ongoing works on the Busunju – Kiboga – Hoima Road.
The Minister revealed that Uganda Development Corporation investment of Ugx 96 billion for a 29% stake in Ambitious Construction Company through its joint venture ATSGCL has built capacity of a Ugandan company in road construction. The project is now at 40% progress.
Minister Bahati commended the work and urged the technical team to expedite works to meet the February 2027 completion target.
He noted that as Uganda Development Corporation marks 10 years on 20th November 2026, government will be celebrating the impact of its investments in jobs created, connectivity and support to industrialization.
He made it categorically clear that the government of Uganda remains committed to infrastructure development as a key driver of industrialization in line with the NRM Manifesto.
