UUM Investment to service Otjiwarongo land
The Otjiwarongo municipality on Monday entered into a land-servicing deal with UUM Investment under a public-private partnership (PPP) to service Extensions 8 and 10.
Minister of Urban and Rural Development, Sophia Shaningwa, announced the deal during the launch of land-servicing activities at the town.
She said a total of 401 plots will be created for residential and light industrial purposes at these two extensions.
Shaningwa said UUM Investment is expected to channel clean water for drinking, lay down sewers, erect electricity poles, create street roads and mark sizes of the new plots to be sold.
The serviced plots are expected to be sold for between N$60 000 and N$80 000, and the minister said the municipality should allocate and sell the plots carefully.
“I urge the municipality to allocate strictly one plot per person and remove names of those residents who will receive theirs out of the master list.”
She urged the local authority to speed up the process and reduce the housing backlog by allowing other construction companies to also come under the PPP and service more plots at the town.
Chairman of UUM Investment, Gerson Katjimune on Monday told Nampa land servicing at the extensions will officially start on 2 January 2017.
The sites will be handed over to the Otjiwarongo municipality at the end of September next year.
Katjimune said plot sizes will range between 300 and 700 square metres.
The Development Bank of Namibia (DBN), he said, funds the project.
Otjiwarongo Mayor Bennes Haimbondi and his six local authority councillors also attended the event.
- Nampa
Minister of Urban and Rural Development, Sophia Shaningwa, announced the deal during the launch of land-servicing activities at the town.
She said a total of 401 plots will be created for residential and light industrial purposes at these two extensions.
Shaningwa said UUM Investment is expected to channel clean water for drinking, lay down sewers, erect electricity poles, create street roads and mark sizes of the new plots to be sold.
The serviced plots are expected to be sold for between N$60 000 and N$80 000, and the minister said the municipality should allocate and sell the plots carefully.
“I urge the municipality to allocate strictly one plot per person and remove names of those residents who will receive theirs out of the master list.”
She urged the local authority to speed up the process and reduce the housing backlog by allowing other construction companies to also come under the PPP and service more plots at the town.
Chairman of UUM Investment, Gerson Katjimune on Monday told Nampa land servicing at the extensions will officially start on 2 January 2017.
The sites will be handed over to the Otjiwarongo municipality at the end of September next year.
Katjimune said plot sizes will range between 300 and 700 square metres.
The Development Bank of Namibia (DBN), he said, funds the project.
Otjiwarongo Mayor Bennes Haimbondi and his six local authority councillors also attended the event.
- Nampa
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