Kampala — Investors who have not surveyed and developed plots of land that were allocated to them by the Uganda investment Authority are set to lose them, Uganda's Investment minister said in Kampala over the weekend.
Addressing journalist at the Uganda Media Centre, Mr. Gabriel Aridru noted that the Uganda Investment authority will repossess all the unsurveyed plots of land it had earlier allocated to investors at the Namanve industrial park about 14km East of Kampala city.
"All investors who were allocated land and have not surveyed their plots, UIA will repossess this land until proper surveys have been completed.
"This will help UIA to improve on its image which has been distorted by the general public," he stressed.
Aridru added that not all investors will be affected. According to him land allocated to a potential investor who paid for surveying of their plots will be allowed to continue with their projects.
The minister also stopped further allocation of land at Namanve pending a review of the status of previous allocations.
Aridru noted that the recent allocation of Land at the Namanve Park may have involved no transparence syndrome. Aridru promised Ugandans that his ministry is going to develop a comprehensive and transparent allocation criterion for investors to access land.
To reduce time investors spent while waiting for their plots to be surveyed the Government will embark on surveying all the industrial parks before allocating them to potential investors.
According to the executive director of UIA Dr Frank Ssebowa UIA allocated 277plots of land to investors but only 30 have extensively developed their plots by constructing industries.
One hundred and twenty investors have surveyed their plots while 127 have not surveyed. These will automatically lose their plots at the Namanve industrial park.