Minister of Works and Transport, Veikko Nekundi, says the Road Contractor Company (RCC) board and management have crafted a recapitalisation plan which calls for new productive equipment and support-enabled assets.

Nekundi said the 'lease-to-own' strategy has started to yield results. 
Nekundi was responding to IPC MP Nelson Kalangula's query about the current operational status and financial health of the RCC.

He says the government intends to support the strategy by allocating projects to the RCC in order for it to execute and generate revenue.

"The government as a shareholder, and a responsible shareholder for that matter, has gone through the turnaround strategy as presented by the board, and at this point in time the government is still confident that there is hope to turn around the company within the next three to five years if not less."

Nekundi stated that RCC is able to pay its operational costs from contract revenue, adding that if the organisation is to face challenges in this regard, more projects need to be allocated through preferential allocation.
He says the company is active on five road contracts awarded by the ministry, as well as an additional five capital road projects.