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.
Officials from the Ministry of Foreign Affairs of Uganda and the Ugandan Consulate in Guangzhou spent Thursday convincing members of Guangzhou Liuhua Fashion Wholesale Market to look into investing in the East African nation’s textile sector.
The government will soon unveil the Uganda Business Facilitation Centre (UBFC) on Plot 1 Baskerville Avenue in Kololo, Kampala, and the facility will house three government agencies, that is, Uganda Investment Authority (UIA), the Uganda Registration Services Bureau (URSB) and the Capital Markets
Kazire Health Products Limited is expanding its operations in Southern Africa, looking at “all member states of the Southern African Development Cooperation (SADC)”. SADC is made up of 16 countries.
Investors in Uganda have been advised to always include risk management in their business planning as it is crucial in corporate strategy and decision making.
Uganda Investment Authority (UIA) says that any investor intending to acquire land in Uganda’s industrial park must have a registered company, an investment license, a comprehensive business plan, solid proof of financing, and a sketch map of land utilization.
The Uganda Investment Authority (UIA) has announced plans to acquire an additional 400 hectares of land to expand the Kampala Industrial and Business Park (KIBP) at Namanve.
The Uganda Investment Authority (UIA) and the Ministry of Internal Affairs are to work jointly in the vetting of all expatriate employees of the new investors.
By Max Patrick Ocaido
The construction of Uganda’s first computer assembling and manufacturing factory has Thursday kicked off at Namanve Industrial Park.