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Thursday, 4th August, 2011
The Uganda housing policy will be reviewed to put into consideration the increasing demand for houses, the escalating cost of building materials and the high interest rates, housing and urban development minister Daudi Migereko, has said.
Uganda has a housing deficit of 660,000 units. The demand is projected to increase by 20.7% from 5.2% soon.
The minister noted that this had led to the development of slums because the supply of houses is far below the demand.
“It is also important to note that 60% of the populations in urban areas in Uganda live in slums,” he added.
The minister was speaking ahead of the 9th Annual Construction and Interiors exhibition that starts today at the UMA Main Exhibition Hall in Lugogo.
The housing and urban development ministry organised the event with International Links Limited under the theme “Efficiency in construction for maximum returns”.
The show will bring together exhibitors from the real estate and road construction sector, roofing products dealers and solar energy.
Others are water supply, storage and purification equipment, cement, paints and finishes, doors and windows, furniture and kitchen materials, site works and equipment.
By Prossy Nandudu : The New Vision Newspaper
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