Mbarara International Airport Gets Museveni’s Backing to Spur Growth

Share
Mbarara International Airport Gets Museveni’s Backing to Spur Growth

President Yoweri Kaguta Museveni has endorsed plans to construct an international airport at Nyakisharara in Mbarara District, describing it as a strategic...

President Yoweri Kaguta Museveni has endorsed plans to construct an international airport at Nyakisharara in Mbarara District, describing it as a strategic investment to drive Uganda’s economic growth, create jobs, and boost tourism and agriculture.

The President met a China-based consortium of investors and consultants at State House Entebbe on Thursday, where the project was presented by Base 7 Aviation International Academy and their consultants, Hamster Business Solutions.

According to project officials Mugabi Charles and Alexandria Judith Kyakunzire, the multi-billion-dollar investment will be delivered under a Build, Operate, and Transfer (BOT) model. Three firms will spearhead the project: Hunan Construction and Investment Engineering Company will handle construction, China Southwest Architectural Design and Research Institute will manage feasibility and design, while Blackrock Uwekeza will finance and operate the airport.

President Museveni welcomed the proposal and directed the consortium to coordinate with government technical teams to fast-track the project. He emphasized that Uganda needs a modern airport in western Uganda to unlock new trade and tourism opportunities.

“This airport is important for our economy, our people, and our future. We must make it an iconic project that supports jobs, agriculture, and tourism, while preserving the environment,” the President said.

Bethuel Macharia of Blackrock Uwekeza confirmed the company’s readiness to finance the entire project, calling it a catalyst for “significant economic growth” in Uganda.

Consultants Eddie Kisitu and Abubakar Kaseruuzi of Hamster Business Solutions outlined the wider benefits, including positioning Uganda as a key transit hub for routes between Latin America, China, Indonesia, and Australia. They projected that the airport could triple Uganda’s economic output once operational.

The facility is expected to open by 2030 under the President’s “Party and Term Oriented Delivery” initiative.

 

Advertisement
Share
Advertisement

Related Articles

More stories you may want to read next.

Government Secures Shs 481B to Tarmac Kitgum-Kidepo RoadInfrastructure

Government Secures Shs 481B to Tarmac Kitgum-Kidepo Road

Uganda has secured Shs 481 billion (€110.5 million) from Standard Chartered Bank to construct the 115.8-kilometer Kitgum-Kidepo Road. Signed by Finance Minister Henry Musasizi, the major infrastructure project aims to unlock Northern Uganda's economic potential by connecting markets to the USD 300 million Yaobai Cement factory and the upcoming Kidepo International Airport.

Uganda, World Bank Launch 10-Year Partnership Strategy to Grow Economy to $500BFinance

Uganda, World Bank Launch 10-Year Partnership Strategy to Grow Economy to $500B

Finance Minister Henry Musasizi has launched a 10-year World Bank partnership framework to scale up Uganda's economy to USD 500 billion. The strategy aims to mobilize USD 3.8 billion in private capital for infrastructure and human development, while the World Bank's Public Finance Review cautions Uganda to look beyond oil revenue by strengthening local public institutions.

Advertisement
Advertisement