Parliament yesterday approved a promissory loan worth 1.3 trillions to an Italian investor FINASI to build a specialised government hospital at Lubowa amidst stiff resistance from opposition legislators.
According to the agreement , government will facilitate the investor with the loan and upon completion, FINASI will own the facility for 6 years before giving it back to government .
In a plenary session chaired by speaker, Rebecca Kadaga, the state minister for Finance David Bahabi tabled the 1.3 trillion promissory loan request sparking off protests from opposition legislators .
Bahati told parliament that upon completion of the specialised hospital at Lubowa , Ugandans will save billions of money on foreign treatment especially in India.
In the same sitting, the minister for Lands and Housing, Betty Amongi clarified on the controversies surrounding plot 269 where the specialised hospital will be built.
She said government was in possession of the land title contrary to reports that the title had disappeared.
Yet passing the 1.3 trillion promissory loan was not easy as government chief whip, Ruth Nankabirwa had a hard task convincing even NRM legislators to support the facility.