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Tag Archives: ROKO

MPs wants audit on Lubowa hospital project

Kampala, Uganda | THE INDEPENDENT | The chairperson of the National Economy committee of Parliament Syda Bbumba has called for an audit of the Lubowa-Based International Specialized Hospital of Uganda. Bbumba made the call while meeting State Minister for Finance David Bahati on the state of the USD 379 million-facility being …

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Chinese firm to construct Lubowa hospital at USD 55m

Kampala, Uganda | THE INDEPENDENT |  Finasi International FZC, a company in the construction of the Lubowa hospital reportedly contracted China Power over ROKO Construction due to difference in project pricing. Finasi, the main shareholder in the Special Purpose Vehicle (SPV) Finasi/ROKO with up to 95% approached ROKO seeking a partnership …

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Government sides with finasi in Lubowa hospital saga

Kampala, Uganda | THE INDEPENDENT |  The government has said it is not worried about the scuffles between the Special Purpose Vehicle Finasi/ROKO as long as the construction of the International Specialized Hospital of Uganda is ongoing. Parliament early this year approved a loan guarantee of 1.4 trillion shillings to Finasi/ROKO, …

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