The new market was constructed under the second phase of Markets and Agricultural Trade Improvement Program-MATIP-II, at a tune of 18.06 billion Shillings. The funding is part of the loan obtained from the African Development Bank (ADB).
However, Florence Namayanja the Masaka City Mayor expressed disappointment that the process to allocate space in the market is being frustrated by some local political fanatics for their selfish interests.
The 18.05 billion Shillings modern market was constructed under the second phase of the Markets and Agricultural Trade Improvement Program-MATIP II, which was funded by a loan from the African Development Bank-ADB. The three-storied market has 761 stalls and 89 lockups
