# Namanve Industrial Park

Already, about 700,000 youth join the labour market annually, yet the National Planning Authority estimates that nearly 885,000 jobs will be needed each year to absorb new entrants. This gap explains why industrialization is no longer simply an economic option for Uganda but a necessity.

Namanve’s story as an industrial park began in 1997, when the area was designated as part of Uganda’s national strategy to accelerate industrial growth. Under the stewardship of the Uganda Investment Authority (UIA), the park was envisioned as a serviced zone where investors could establish factories, warehouses and business operations, driving employment and technology transfer.

Government released simplified industrial park guidelines to improve coordination, attract investment and accelerate industrialisation.

President Yoweri Kaguta Museveni has launched Piston Medical Ltd, a pharmaceutical manufacturing plant in Namanve Industrial Park, to foster Uganda’s...