This morning Uganda Investment Authority (UIA) hosted the second annual industrial parks investor stakeholders’ meeting at the UIA offices at the Kampala Industrial Business Park in Namanve.
Mr. Patrick Kaberenge, who represented the UIA Board Chairman, presided over the meeting in which he appreciated all the efforts of the private sector who had managed to set up their projects. The meeting was also attended by Mr. George Jalobo – Pikwang, UIA Board member, who shared his experience in the private sector and urged them to be patient as they face the challenges of setting up their investment. This was after a number of investors shared the challenges they were finding in setting up their projects. The challenges ranged from financial, environmental, and procedural to policy issues.
The Director, Lands Development Division, Mr Hamza Galiwango, presented the status report of the industrial parks in the Greater Kampala Metropolitan Area.
STATUS OF INDUSTRIAL PARKS IN GREATER KAMPALA METROPOLITAN AREA – JUNE 2016
Industrial Parks Development
Uganda Investment Authority is establishing 22 Industrial Parks across the Country to create jobs and ease land access for investors, Introduce new research technologies, as well as boost Uganda’s exports and therefore increase Uganda’s revenue base. The setting up of industrial parks also adds value to locally available raw materials. In addition, new manufacturing and other skills are being acquired by the citizens as well as increasing trade in new products and improving on those already under production. The investors contribute heavily to Uganda’s Tax income through payment of the relevant duties such as VAT, Income Tax, Withholding tax.
Uganda Investment Authority is establishing 22 Industrial Parks across the Country to create jobs and ease land access for investors, Introduce new research technologies, as well as boost Uganda’s exports and therefore increase Uganda’s revenue base. The setting up of industrial parks also adds value to locally available raw materials. In addition, new manufacturing and other skills are being acquired by the citizens as well as increasing trade in new products and improving on those already under production. The investors contribute heavily to Uganda’s Tax income through payment of the relevant duties such as VAT, Income Tax, Withholding tax.
| Bweyogerere Industrial Estate (50 acres) |
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UIA has faced challenges in land boundaries in this industrial park on the lower end however with support from the office of the Solicitor General, Kira Municipal Council and Ministry of lands, we are finalizing these issues.
LUZIRA INDUSTRIAL PARK
| Luzira Industrial Park (64 acres) |
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UETCL is establishing a substation to boost electricity supply to this industrial park and all the necessary arrangements have been made and the land secured. This industrial park currently employs approximately 3000 Ugandans. Our appeal is for the investors to speed up their developments.
Pictorial
