About UBAKA LANDMARKS (SM / JV)
UBAKA LANDMARKS is a Special Purpose Vehicle (SPV) entity with a mission of developing BUJA CITY PLAZA a major modern commercial and shopping complex currently under development in the heart of Bujumbura, Burundi. The project of BUJA CITY PLAZA is being constructed on the site of the former Bujumbura Central Market, which was destroyed by a fire in 2013
The project is a strategic public-private partnership (PPP) between the state of Burundi and UBAKA LANDMARKS, a joint venture involving the state-owned youth bank BIJE as a co-financing partner and the ONE AFRICA INVESTMENT FUND as a private partner holding obligations of financing, development, operations and maintenance. The partnership with the state of Burundi is set for 27 Years, 3 years of construction development and 24 years of concession only for the first phase, expected to be extended according to the other phases.
STRUCTURE &
LEADERSHIP
UBAKA LANDMARKS structured into three main leadership as follows;
NO.1: GENERAL ASSEMBLY: Composed of two (2) main equity investors
1. ONE AFRICA INVESTMENT FUND. 1AIF (S.A); Private partner
2. La Banque d'investissement pour les jeunes (BIJE): Public partner
NO.2: BOARD OF DIRECTORS: Composed of Eleven (11) members (First 7 members representing the state of Burundi as public partner & The rest 4 members representing the private partner)
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Ir. Déo NIYONKURU; Chairperson
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Monsieur Tharcisse MAJAMBERE;
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Ir. Janvier HAVYARIMANA;
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Dr. Ing. Lieutenant-Colonel Léonidas NIBIGIRA;
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Dr. Arsène MUGENZI;
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Madame Jeanne d'Arc IGIRIMBABAZI;
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Monsieur Geoffrey NKENGURUTSE.
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Monsieur Dieudonne MANIRAKIZA (Known as Fablice); Vice-Chairperson
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Monsieur Alain GAHAMA; Secretary
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Me. Diomede MIBURO
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Ir. Vincent KAKUNZE
NO.3: MANAGEMENT DIRECTORS: Composed of three (3) departments led by 3 directors
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Prof. André NYANDWI; DG (Director-General)
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Monsieur Rénovat MATESO; DAF (Directeur Administratif et Financier)
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Ir. Pascal HITIMANA; DIROP (Director of Operations)