President Museveni just opened a new stadium in Hoima City. The sports complex cost a hundred and twenty-nine million dollars and was built for the Africa Cup of Nations tournament coming up. Uganda is co-hosting that event with Kenya and Tanzania. A Turkish company called Summa International Construction finished the job four months early. The facility has twenty thousand seats outside and a smaller two-thousand-seat arena inside. It sits on a large plot of land and includes practice fields, parking, and media areas designed to meet global soccer standards.
Museveni said the government paid for the whole project directly. He explained that they turned down a contractor financing plan because the interest charges were too high. He connected this spending to what he called a stable economy built on farming, factories, and service jobs. The president stated that taking on the host role forced the country to get its facilities ready quickly to avoid embarrassment. He praised the construction company's work and suggested they would get more contracts. This stadium is one of several being prepared for the tournament, which the government hopes will bring in tourists and improve the nation's image abroad.
Museveni said the government paid for the whole project directly. He explained that they turned down a contractor financing plan because the interest charges were too high. He connected this spending to what he called a stable economy built on farming, factories, and service jobs. The president stated that taking on the host role forced the country to get its facilities ready quickly to avoid embarrassment. He praised the construction company's work and suggested they would get more contracts. This stadium is one of several being prepared for the tournament, which the government hopes will bring in tourists and improve the nation's image abroad.