Investors urged to invest in parking business

By Damali Mukhaye:

Investors in Kampala have been urged to invest in parking to keep pace with the high influx of motor vehicles in the city.

Addressing journalists at city hall, the acting deputy director for roads Jacob Byamukama says that after the authority doubling the parking fee to 1000 per hour in Kampala, investors should take advantage of this to invest in this business.

He notes that there are very few parking in the city and majority of buildings do not have parking space hence people are left with no space to keep their vehicles.

He also notes that they are in talks with the owners of the big trucks to start parking outside Kampala since they consume a lot of space.

The authority yesterday increased the parking fee from 400 to 1000 per hour and 800 per 30 minutes.