


A massive shortage of housing in Uganda has caught the attention of British investors from the Birmingham Chamber of Commerce and Industry (BCCI).
A delegation visited Uganda recently and said they were also considering putting money in EAC's water and education sectors. John Webber, who headed the trade mission, said the chamber was keen to market the East African Community to British business community.
The 2007 Uganda Population Report estimated 6 million households live in 4.5 million housing units, resulting in a backlog of about 6.1million units.
Decent housing in Uganda is one of the biggest opportunities for exploitation by investors. British Company Hesco Bastion Ltd which is already constructing semi-permanent houses says it will invest further in the under tapped housing sector.
Hesco’s housing model currently involves use of unskilled labour, cheap materials like soil and sand to construct semi-permanent houses to hold a capacity of eight people.
The british investors are keen on public private partnerships which are considered vital for the success of ventures.
The BCCI represents the business interests of an estimated 4,000 small to large companies.