Buganda Kingdom through Buganda Land Board, has signed a Memorandum of Understanding with Guoji Corporation, a Chinese construction Company to build affordable houses at Sentema Busiro for low income earners.
Witnessing the signing ceremony at Bulange Mengo, Katikkiro Charles Peter Mayiga called on the people of Buganda to utilize the availed chance to get houses which range in their earnings.
According to Katikkiro, a one bedroomed house will cost Shs 37 million ($10,000), two bedroomed Shs 72 million ($20,000) and the three bedroomed houses will cost about Shs 107 million ($30,000).
Mayiga assured safety to all squarters on Kabaka land saying no one will evicted as being spread by rumormongers, “Buganda has a big chunk of land which is free of squarters where the project is going to be established,” he said at Mengo.
The project will commence next year and Mr. LI Gang the party committee secretary Director, China Development Bank has assured the Kingdom leadership that by the end of 2019 the first phase of the project will be done.
The CEO of Buganda Land Board, Kyewalabye Male signed on behalf of the Kingdom whereas Mrs. Wendy signed for Guoji corporations.