The Uganda Investment Authority (UIA), working with different government entities and a group of investors – is set to develop an industrial park in Nshaara, Kashari, Mbarara, which it hopes will create over 100,000 jobs.
Some of these investors are from Sino Uganda Economic Development Zone, ZhongWu Beef Imports and Exports Group Limited, according to UIA, which noted that that the park will be divided into five industrial zones.
The zones will have companies manufacturing and assembling wide-ranging products, according to the chief executive of Sino Uganda Wang Shujun.
“In order to attract investors to develop this park, we have opened up different offices in the Chinese big cities to attract investors. 54 investors have already signed a memorandum of understanding with us,” said Shujun.
ZhongWu Beef Imports and Exports Group, one of the operational companies in the Park at the moment has established an abattoir. By February 2020, according to UIA, the Group had completed the first phase of development at a cost of $15 million.
“Our plan is to slaughter 1000 animals per day and export 50,000 tons of beef and 100,000 tons of goat meat per month and we will need well-trained workers and shall meet the required international standards,” said Jian Youcai, the group chief executive officer.
According to him, they have established a processing line, a slaughterhouse and a packaging department to produce packed meat to be exported to different countries in the world.
They expect that the project will promote agriculture in Western Uganda and that farmers will access professional services as they work with the company and the local governments.
“Part of our mandate as the Authority is to facilitate investors to do business with ease in Uganda and to ease access to land, for investors, through serviced industrial and business parks,” said Martin Muhangi, the UIA deputy director for Investment Promotion.
“We are pleased to see that private sector players are making use of the synergies that government is providing to advance their investment projects.”
UIA remains dedicated to providing access to government services through the One-Stop Business Centre for Investors which sits at the UIA and can be accessed both physically and online.