President Yoweri Museveni has commissioned shs 24 billion Soroti central market.
It is identified as one of the 21 key markets constructed in 19 urban centers including Arua, Kampala, Moroto under the markets and agricultural trade improvement project, a five year African Development Bank (ADB) funded project.
Speaking at the lunch Museveni said the new market has 1,390 facilities, including stalls and retail stores, and is expected to create about 3,000 jobs for residents of Soroti, along the local trade and supply chain.
The Local Government Minister, Raphael Magyezi said the state of the art modern market will be a game-changer, not only in Soroti but the region as Large.
The facility is a major achievement for government and Teso sub-region. It is expected to boost incomes and production in the area.
“The market has been constructed specifically for the low-income earners and the vendors who were operating in the old market which was demolished. Whereas the old market had not more than 700 stalls, we are now talking about doubling that number here.” the minister said.