Three investors start manufacturing in Mbale Industrial Park
Mbale, Uganda: Three investors that were recently licensed by the Uganda Investment Authority (UIA) have started manufacturing different products in the Mbale Business and Industrial park.
The factories include Pearl Light Technologies which is manufacturing LED bulbs. The plant occupies 10 acres of land with total investment of $20m and creating local people.
The two others include Ubon Personal Care which manufactures washing detergent called Yobon is on five acres of land and employs about 35 Ugandans with total investment of $15m and Victoria Cables sitting also on five of land with total investment of $20m and is manufacturing electric cables
Uganda’s State Minister for Investment Evelyn Anite who visited the projects yesterday hailed the management of the park for the faster implementation of the projects up to operational levels.
She appealed to the remaining squatters to agree to settle the case out of court. “I appeal to you to get out of court and we discuss together for a solution because we want industrialization,” she said adding that President Yoweri Museveni will come to officially open the factories at the end of this year.
The park developed by Tian Tang Group, was last year commissioned by President Museveni to start construction, as part of the industrialization agenda, where a total of 22 industrial parks will be created.
It is expected to create 15,000 jobs for the community in Mbale region.
The park has a capacity of 60 factories and efforts are being made to attract more investors, according to Mr Paul Zhang, chairman Sino- Uganda Mbale industrial Park.
Twenty acres out of the 619 acre park has been designated for a small and medium enterprise incubation base with a total investment cost of $80m.
Uganda Investment Authority (UIA) Board Member Morrison Rwakakamba, hailed the investors for creating jobs for the Ugandans.
“The Authority is also keeping on improving services aimed at attracting more investors and serve them with first class services,” he said adding that that is why the Authority has established the One Stop Centre aimed at easing business registration and implementation in Uganda.
He explained that the centre is hosting government agencies related to investment in Uganda. These include the Uganda Registration Services Bureau (URSB), the Directorate of Citizenship and Immigration Control, Uganda Revenue Authority and Kampala City Council Authority (KCCA). Others include National Environmental Management Authority (NEMA), Diamond Trust Bank, the Giants Club, Uganda National Bureau of Standards (UNBS), Ministry of Lands, Housing and Urban Development, UMEME, National Water and Sewerage Corporation (NWSC) and the Free Zones Authority.
“Their establishment has eased the process of starting a business in Uganda,” he noted.
For further details, Kindly contact
David Muwanga
Media Relations Officer
Office of the Director General
Uganda Investment Authority
Tel: 0414301103