Home‎ > ‎News‎ > ‎

UDB Funded Liberty ICD in Namanve Industrial Business Park to transform Kampala City and create hundreds of jobs.

posted 24 Nov 2016, 03:58 by David Tamale   [ updated 24 Nov 2016, 06:00 ]
Liberty ICD container Depot funded by UDB

A new multimillion US dollar Inland Container Depot (ICD) by the Liberty Group located in the Namanve Industrial Park funded by Uganda Development Bank Limited is set to transform and decongest Kampala Capital city phenomenally as Alex Area, the UDB Senior Business Development Officer explains in the following article.

The project has reached its commercial operation phase and is going to be the largest Inland Container Depot ('ICD') in the country sitting on close to 30 acres of prime industrial land with a 1.1Km railway siding and 10,000 square metres of ware housing space.

The project will handle freight from trains and trucks for goods destined for Uganda and those in transit. This will be the second ICD with a railway siding as presently there is only one railway siding at the Railway Goods shed.

UDB financed up to USD 3 million to carry out the civil works, purchase and installation of a complete weigh bridge plus a control room.

This multimodal ICD will be custom bonded acting as a one stop centre for import and export of cargo using alternative routes.

The project plays a catalytic role in decongesting Kampala city due to its strategic proximity to manufacturing concerns within Namanve Industrial Park, easy access to the northern by pass for cargo destined to other parts of the country and the region.

The logistical hub will create close to 200 jobs directly and indirectly. Ease the current ICD challenges of congestion, high demurrage due to delayed cargo clearance. Improved and Increased revenue collections to government.

The ICD when put in place, will not only go a long way at addressing the inter-modal transport connectivity problems faced by hinterland shippers but also serve Uganda's landlocked neighbors.


http://www.udbl.co.ug/news-events