With an estimated investment value of $5 billion, the East African Crude Oil Pipeline (EACOP) is poised to significantly boost Uganda’s asset stock.
The 1,443 km pipeline stretches from Kabaale in Hoima District, located in Uganda’s western rift valley, to Chongoleani near Tanga Port in Tanzania. It is being constructed to transport Uganda’s crude oil from production wells to the export market for further refining and sale.
This investment, valued at nearly shs20 trillion, is already catalyzing a wide range of auxiliary and lower-tier infrastructure developments—including roads, a modern stadium, a new-age abattoir, and state-of-the-art hotels—especially within the Bunyoro sub-region and beyond.
Merian Ahabwe, the National Content Manager for EACOP, stated that the progress of this major infrastructure project is now over 73%.
“We have pump stations that will remain operational—these are above-ground installations that will be managed for the next 25 years or so. The pipeline is highly integrated and will require consistent maintenance throughout the asset phase,” she noted.
Ahabwe emphasized that Ugandans themselves will be responsible for managing these assets:
“We are confident that the Institute of Asset Management, now in Uganda, will play a significant role in supporting the expansion of much-needed skills in the country.”
She made these remarks during a media event ahead of the official launch of the Asset Management Institute in Uganda, scheduled for early November. The initiative aims to deepen knowledge of physical asset management in both the public and private sectors.
The UK-based Institute of Asset Management is establishing its first African chapter in Uganda, with a focus on promoting best practices across the continent.
Eng. Horace Muhamya, President of the Institute of Asset Management, Uganda Chapter, said “This chapter marks a new era in how Uganda plans, manages, and sustains its infrastructure. It will enhance expertise in asset management and raise awareness of its advantages across sectors.”
“Structured asset management is essential for achieving national development, service reliability, value for money, and long-term sustainability.”
The launch of the Institute of Asset Management, Uganda Chapter will be held on November, 6 and 7 under the theme: “Advancing Professional Asset Management to Drive Sustainable Growth and Development.”