National Housing and Construction Company

National Housing and Construction Company Limited
Type	Limited Liability Company
Industry	Housing
Founded	1964
Headquarters	Kampala, Uganda
Key people	Agnes Kalibbala Chairperson Felix Okoboi Chief Executive Officer^[1]
Services	Construction
Revenue	US$6 million
Total assets	US$70 million (2009)
Employees	150
Website	http://www.nhcc.co.ug

National Housing and Construction Company Limited (NHCC), is a Ugandan construction and real estate management company, partly owned by the Uganda Government. The Company’s mandate is to increase the housing stock in the country, rehabilitate the housing industry and encourage Ugandans to own homes in an organized environment.^[2]

1 History
2 Ownership
3 Asset base
4 Products and services
5 Current projects
6 Recent developments
7 Mortgage providers
8 See also
9 References
10 External links

History

NHCC was established by the National Housing Corporation Act of 1964, as a 100% government parastatal. The Act was later repealed by the 1974 Decree to form National Housing and Construction Corporation. In July 2002, the Corporation became a Public Limited Liability Company known as National Housing and Construction Company Limited. Later, the Uganda government partially divested from NHCC by selling 49% shareholding to Libyan African Investment Company (LAICO), an investment company owned by the Government of Libya.^[3]

Ownership

As of July 2014, the shareholding in the stock of NHCC is as depicted in the table below:

**National Housing and Construction Company Stock Ownership**
Rank	Name of Owner	Percentage Ownership
1	Libyan African Investment Company (LAICO)	49.0
2	Uganda Government	51.0
	Total	100.00

Asset base

In 2011, NHCC owned assets in excess of US$70 million, with annual turnover of US$6 million. NHCC owned 5.0% of Housing Finance Bank, Uganda's 9th largest commercial bank, as of December 2013.

Products and services

Design, construct and sale high quality homes in an organized environment
Offer consultancy services in real estate development and management
Provide construction services for medium and large-scale projects
Offer Property Management Services for the government-owned ultra-modern Crested Towers Office Complex in downtown Kampala

Current projects

As of December 2009, the following are some of the construction and management projects that NHCC was involved in: Sunset Apartments - 268 Apartment Homes (3 bedrooms each) - Kiwaatule, Kampala

Bukoto Housing Project - 105 Housing Units - Bukoto, Kampala
Ntinda Housing Project - 80 Housing Units - Ntinda, Kampala
Naalya Housing Project - 610 Housing Units - Naalya, Kira Town, Wakiso District
Lubowa Housing Project - 33 Executive Mansions - Lubowa, Wakiso District
Mpumudde Housing Project - 20 Bungalows - Jinja
Condominiums Sales have been completed to over 200 tenant-occupants in developments in the following sections of Kampala: Kololo, Nakasero and Bugoloobi
Condominium Sales are planned to over 1,300 tenant-occupants in the following sections of Kampala: Bukoto, Bugoloobi and Wandegeya.
NHCC has engaged third parties to construct the following developments which NHCC does not own:
- Administrative Office Block at Wakiso District Headquarters - Wakiso Municipality
- District Health Services Block at Wakiso District Headquarters - Wakiso Municipality
- Laboratory and Library at Busuubizi, Mityana District
- Laboratory and Library at Ibanda, Ibanda District
- Laboratory and Library at Kibuli, Kampala
- Office Block at Kajjansi, Wakiso District
- Office Block at Mbarara University, Mbarara.

Recent developments

In July 2014, NHCC borrowed US$9 million from Shelter Afrique, a Nairobi-based pan-African finance institution, for the purpose of constructing more affordable housing in Uganda.^[4]^[5]^[6]

Mortgage providers

NHCC works with the following mortgage providers at all of her housing projects:

References

^ Kiggundu, Edris (18 February 2014). "Uganda: Police Cracks Down On NHCC Manager". Retrieved 3 July 2014.
^ Wacha, Joe (25 February 2013). "NHCC To Build 7,500 Houses For Low Income Earners". Uganda Radio Network (URN). Retrieved 3 July 2014.
^ NHCC, . "NHCC: Company Profile". National Housing and Construction Company (NHCC). Retrieved 3 July 2014.
^ Gachiri, John (21 July 2014). "Shelter Afrique In KSh790 Million Deal With Uganda Firm". Business Daily Africa (Nairobi). Retrieved 21 July 2014.
^ Administrator, . (20 July 2014). "Shelter Afrique Extends $9 Million Loan To Uganda". Kenya Broadcasting Corporation. Retrieved 21 July 2014.
^ Baguma, Raymond (21 July 2014). "National Housing Signs Pact for Affordable Houses". New Vision. Retrieved 22 July 2014.

External links

NHCC Homepage

Kampala District

Capital: Kampala

Divisions	Kampala Central Division Kawempe Division Lubaga Division Makindye Division Nakawa Division

Neighborhoods	Bugoloobi Bukoto Busega Butabika Bwaise Ggaba Kabalagala Kamwookya Kansanga Kaleerwe Kanyanya Kasubi Katwe Kawaala Kawempe Kibuli Kibuye Kigoowa Kikaaya Kisaasi Kiwaatule Kulambiro Kololo Kyambogo Kyebando Lubaga Lungujja Luzira Makerere Makindye Mbuya Mengo Mpererwe Mulago Munyonyo Mutundwe Muyenga Naakulabye Naguru Najjanankumbi Nakasero Nakawa Namirembe Namungoona Namuwongo Nateete Ndeeba Nsambya Ntinda Old Kampala Port Bell Wandegeya

Economy	Air Uganda Aya Group Quality Chemical Industries Limited Mukwano Group Ruparelia Group Bank of Uganda ABC Capital Bank Barclays Bank Bank of Africa Bank of Baroda Bank of India (Uganda) DFCU Group Cairo International Bank Centenary Bank Citibank Commercial Bank of Africa Crane Bank DFCU Bank Diamond Trust Bank Ecobank Equity Bank Finance Trust Bank Guaranty Trust Bank Uganda Housing Finance Bank Imperial Bank Uganda Kenya Commercial Bank NC Bank Uganda Orient Bank PostBank Uganda Stanbic Bank Standard Chartered Bank Tropical Bank United Bank for Africa East African Development Bank Uganda Development Bank National Housing and Construction Company Tirupati Development Uganda Limited Uganda Air Cargo Exodus Savings and Credit Cooperative Society Limited International Medical Group Electricity Regulatory Authority Insurance Regulatory Authority of Uganda National Food and Drug Authority National Social Security Fund National Water and Sewerage Corporation Umeme Uganda Securities Exchange Uganda Investment Authority Uganda National Roads Authority Uganda National Oil Company Petroleum Authority of Uganda Uganda Communications Commission Uganda National Council for Higher Education Uganda Electricity Generation Company Limited Uganda Retirement Benefits Regulatory Authority Capital Markets Authority Daily Monitor New Vision New Vision Group Uganda Telecom Mercantile Credit Bank Pride Microfinance Limited Opportunity Uganda Limited Kyagalanyi Coffee Limited FINCA Uganda Limited UGAFODE Microfinance Limited

Notable landmarks	Bulange Uganda Parliament Buildings Kampala Capital City Authority Complex Kampala Serena Hotel Hotel Africana Kampala Sheraton Hotel Imperial Hotels Group Imperial Royale Hotel Grand Imperial Hotel Hotel Equatoria Kampala Hilton Hotel Kampala Intercontinental Hotel Kampala Speke Hotel Mapeera House Movement House Munyonyo Commonwealth Resort Speke Resort and Conference Center Church House East African Development Bank Building Bank of Uganda Building Complex Mengo Palace Namirembe Cathedral Rubaga Cathedral Makerere University Main Campus Kampala Tower Kibuli Mosque Old Kampala Mosque Kampala Airport Uganda Museum Uganda National Cultural Centre Kampala Northern Bypass Highway Kampala-Jinja Highway Kasubi Tombs Roman Catholic Archdiocese of Kampala DFCU House Pension Towers

Education	Cavendish University Uganda International Health Sciences University International University of East Africa Kampala International School Kampala International University Kampala University Kibuli Secondary School Kitante Hill Secondary School Kololo Senior Secondary School Kyambogo University Law Development Centre Makerere College School Makerere University Makerere University Business School Mengo Senior School Nabisunsa Girls Secondary School Rubaga Community School St. Augustine International University St. Lawrence University Uganda Management Institute Uganda Martyrs University School of Medicine Uganda Technology and Management University Victoria University Uganda

Health	Butabika National Referral Hospital International Hospital Kampala Kawempe General Hospital Kibuli Hospital Kiruddu General Hospital Lubaga Hospital Mengo Hospital Mulago National Referral Hospital Naguru General Hospital Nsambya Hospital Uganda Medical and Dental Practitioners Council

Notable people	Apolo Nsibambi Nasser Ntege Sebaggala David Serwadda Fred Ruhindi John Ssebaana Kizito Bulaimu Muwanga Kibirige Erias Lukwago Dr. Ian Clarke Jennifer Musisi Maria Kiwanuka Laurence Sematimba Joseph Kizito Justinian Tamusuza Robert Ssejjemba Eugene Sseppuya Phillip Ssozi Sudhir Ruparelia Wasswa Serwanga Yusef Sozi Derrick Sebagala Margaret Zziwa

National Housing and Construction Company