National Housing and Construction Company Ltd (NHCC) is a 58 – year old entity, first founded as National Housing Corporation, a fully owned government corporation, which was established by an Act of Parliament (Cap 321) of 1964. National Housing and Construction Company Ltd is Uganda’s leading housing developer and its mandate is to increase the housing Stocks in the country, rehabilitate the housing industry and encourage Ugandans to own homes in an organized environment.
By 2020 the housing requirement in Kampala will be at 750,791 units, other towns 1,092,318 units, rural areas 8,482,889 units and nationally 10,325,990 units. Under the provisions of the PERD Act, which places NHCC in Enterprise Class II, the Company was later privatized through a sale of 49% of voting shares to LAICO of the Government of Libya. GOU now owns the minimum allowed of 51%.
On the 10th December 2009, National Housing and Construction Company re-branded changing its image with a major objective of promising Ugandans Value for money as it seeks to increase the housing stock in the country, rehabilitate the housing industry and encourage Ugandans to own homes in an organized environment.
From 2015, the Company has completed several housing units
In 1989, NHCC aggressively embarked on increasing the housing stock in the country as well as rehabilitation of various properties, which were run down during the various wars in the 1970s and early 1980s. The growth that has taken place in the last 18 years is unprecedented and is attributed to the Movement government, which among other things has continuously provided a conducive environment for real estate development.
By 2005, the Company had completed several housing units in the following projects:
From 1964 to the early 70’s the company built over 2,384 units of various types in different locations as follows:
NHCC built several upcountry housing projects in the following towns: Arua, Entebbe, Gulu, Hoima, Kabale, Jinja, Lira, Masaka, Mbale, Mbarara, Moyo, Soroti and Tororo.
c) Infrastructure development
The company has also built several office blocks, which include: Crested Towers, Uganda Posts and Telecommunications building, Tororo Town Council and District Administration Headquarters building. Other contributions extended to the construction of social and public infrastructure includes school like St. Henry’s College Kitovu, hospitals like Mengo and Adjumani, Nakasongola Airbase and Entebbe International Airport.