Otjiwarongo, UUM Investment sign housing PPP
03 December 2016 | Infrastructure
The Otjiwarongo municipality on Monday signed a deal with UUM Investment to service land in the town’s Extension 8 and 10 areas.
The minister of urban and rural development, Sophia Shaningwa, announced the deal at the start of land servicing at the town.
She said 401 plots would be created for residential and light industrial purposes at these two extensions.
Shaningwa said UUM Investment was expected to lay water pipelines and sewers, erect electricity poles, build streets and demarcate the new plots to be sold.
The serviced plots are expected to sell for between N$60 000 and N$80 000, and the minister said the municipality should allocate them carefully.
“I urge the municipality to strictly allocate one plot per person and remove the names of those residents who will receive theirs from the master list.”
She urged the local authority to speed up the process and reduce the housing backlog by allowing other construction companies to join the public-private partnership.
The chairman of UUM Investment, Gerson Katjimune, told the Namibia Press Agency that land servicing at the extensions would start on 2 January.
The sites will be handed over to the municipality at the end of September next year.
Katjimune said plot sizes would range between 300 and 700 square metres. The Development Bank of Namibia will fund the project.
Otjiwarongo mayor Bennes Haimbondi and the six other town councillors also attended the event.