RCC rolls out lease-to-own plan to rebuild equipment fleet
A state-owned construction firm in Uganda is adopting a lease-to-own program for heavy machinery after spending years renting equipment from private suppliers at high cost. Roads Contractor Company chief executive Dasius Nelumbu said on Tuesday the arrangement will allow the business to acquire graders, excavators, loaders and other vehicles through 60-month payment plans instead of continuing expensive rentals that consumed most project budgets. The company lacked construction equipment for more than 10 years and relied on outside contractors to complete government assignments, limiting profitability and creating unreliable access to machines when needed quickly.
Each piece of equipment will generate revenue that covers its monthly installment under the transparent agreement, Nelumbu explained. Some delivered machinery is already operating at the Henties Bay road site. Business development manager Rebekka Horaes described the program as a balanced approach that builds assets without straining finances while the enterprise works to become self-sufficient. The strategy positions the contractor to accept larger assignments with stronger earnings potential and meets government expectations for completing infrastructure work across the nation.
