All is set for the construction of a regional market at Mutukula border post in Kyotera District.

Mr Karim Karamagi, the chief executive officer at Rural United Business Association Network (RUSBA) Ltd, on Monday said construction of the regional market at Kasanvu Village on Kyotera- Mutukula Road will start in December.

“Kyotera District local government leased to us 200 acres of land with the purpose of constructing a regional market and trust me, it will be the largest [market] in the East African region,” he said.

Mr Karamagi revealed that the project will be funded by South African based Degitech Energy Company Ltd
However, he declined to disclose the specific budget for the project, but it is reported that the facility is estimated to cost more than Shs1 trillion . “Apart from the technical work which needs expatriates, our local people will be the first to get employed,” he said.

Mr Karamagi said the market will bring together manufacturers, distributors, wholesalers, retailers and consumers from all over the East African region.
“Our target is to create employment and promote entrepreneurial growth in Uganda, in so doing we will spur value addition and also promote export of value added products to regional markets like [East African Community] EAC and Comesa [Common Market for Eastern and Southern Africa],” he says

Benefits
The Kyotera District Chief Administrative Officer, Mr Fred Kalyesubula, said the market is among government initiatives to encourage the private sector to engage in gainful trade and investments.