Lagan-Dott Namanve Ltd clarifies tax dispute rumours, commits to project completion

Kampala, (UG):- Lagan-Dott Namanve Limited has come out to dispel rumours of a taxation dispute related to the Kampala Industrial Business Park project, reaffirming its commitment to delivering the ambitious development.

Eng. Andrew Bamanya, chairperson of the joint-venture board, confirmed that the company is focused on resolving the tax component associated with honoraria payments, following a meeting with the President, UIA management, and ministers.

“We understand that an investigation is underway, and we fully respect that process,” Bamanya added. Regarding the accusations directed at DOTT, Bamanya clarified, “There is no company under the name ‘DOTT’ executing the main contract at Kampala Industrial Business Park. Instead, the work is being carried out by a registered joint venture company named Lagan-DOTT Namanve Ltd.”

He asserted, “We stand by this clarification and emphasize that any claims to the contrary are mistaken.” When addressing the spread of false information, Bamanya warned, “Our legal team is currently evaluating the possibility of taking legal action against those spreading false propaganda about our company.”

Concerning the disputed €8 million, LaganDOTT asserts, “We are fully entitled to this variation in price. A variation order is currently being concluded to accommodate the additional costs associated with balancing the cash flow of the company due to the escalation of goods prices.”

Bamanya assured the public and all stakeholders, “The works at Kampala Industrial Business Park are proceeding smoothly. LaganDOTT Namanve Ltd remains dedicated to delivering on our commitments and contributing to the development of the park.”

The Kampala Industrial and Business Park (KIBP) is a significant project aimed at developing a world-class industrial park in Uganda. The project is a joint venture between Lagan-Dott Namanve Limited and the Uganda Investment Authority (UIA).