The Ministry of Local Government says it has completed a needs assessment, detailed designs, and bidding documents for additional 18 markets to be constructed in 18 urban councils in Uganda.
This was revealed during the presentation of a status report on the implementation of the National Resistance Movement (NRM) manifesto commitments by the ministry at the Office of the President.
It was revealed that efforts to create a monetary economy drove the Government to set up markets in town centers.
According to the Local Government ministry’s permanent secretary, Ben Kumumanya, markets in Uganda help determine the pricing of goods and services and inject much-needed liquidity into the economy.
“These markets that the Government seeks to construct have had their funding proposals approved and submitted to the Africa Development Bank (ADB) by the ministry,” he said.
Kumumanya added that the markets will “allow space where governments, businesses, and individuals can buy and sell their goods and services for us to increase job opportunities in the private sector “.
Ministry of Local Government Permanent Secretary Ben Kumumanya addressing manifesto week markets, the Government seeks to construct.
Community markets shall be constructed in Nyahuka town council in Bundibugyo district, Koboko Municipality, Nebbi Municipality, Kotido Municipality, Bugiri Municipality, Iganga Municipality, Kapchorwa municIpality, Kumi Municipality, Mpigi town council, Mubende Municipality, and Njeru Municipality.
Others will be built in Masindi Municipality, Bushenyi – Ishaka Municipality, Kisoro Municipality, Ntungamo Municipality, Rukungiri Municipality, Ibanda Municipality, and Kibaale districts.
Kumumanya revealed that the markets will be directly employing nearly 18,000 vendors and support staff from communities.