Why uganda is the best investment location in africa state house uganda kushal gas agencies belgaum


Uganda enjoys a unique location at the heart of Sub-Saharan Africa within the East African region and lies astride the equator. The country is bordered by Sudan in the north, Kenya in the east, the United Republic of Tanzania in the south, Rwanda in the southwest and the Democratic Republic of Congo in the west. This land linked position, gives the country a strategic commanding base to be a regional hub for trade and investment. Uganda enjoys pivotal trade partnerships that create a viable market for business.

The 2013 Index of Economic Freedom ranked Uganda, the 8th freest economy out of the 46 Sub-Saharan what are the 4 gas giants in the solar system Africa countries. The business operating environment allows the full repatriation of profits after the mandatory taxes have been paid, as well as 100% foreign ownership of private investments. The incentive regime is structurally embedded in the country’s tax laws making them non discriminatory and accessible to both domestic and foreign investment depending on the sector and level of investment.

The country’s political and economic environment has been consistently improving and stable since 1986. Under the leadership of H.E. Yoweri Kaguta Museveni, Uganda has been able to be a political stabilising force in the region, which has provided a secure environment for business to thrive. Security of investment is also guaranteed under the Constitution of Uganda and the Investment Code 1991, as well as the major international investment related agreements / treaties to which Uganda is signatory.

In order gas news australia to provide a conducive environment for doing business in Uganda, the government of Uganda has created a One Stop Centre (OSC) for business registration and licensing at the Uganda Investment Authority. The OSC also assists in tax advice and registration, immigration and work permit issues, land acquisition and verification, as well as environmental compliance and approvals. Accessing all these services under one roof saves the investor both time and money to have their projects licensed and implemented expeditiously. Uganda’s Priority Sectors for Investment

Uganda has the unrivaled potential to be the food basket of the East African Community, as well as the Great Lakes electricity generation by source by state regions, with the capacity to export processed food stuffs to the wider COMESA economic bloc if more investment is targeted at processing more of the agro products. Uganda is among the leading producers of coffee and bananas. It is also a major producer of tea, cotton (including organic cotton), tobacco, cereals, oilseeds (simsim, soya, sunflower, etc), fresh and preserved fruit, vegetables and nuts, essential oils, orchids, flowers and sericulture (silk). Opportunities include commercial farming and value addition, as well as the manufacture of inputs (fertilizers, pesticides etc.), supply of agricultural machinery and the establishment of cold storage facilities as well as the production of packing materials. Public Private Partnership investment opportunities exist in the commercial production of cereals (maize and rice) and beans. A Public Private Partnership Investment Opportunity is detailed in the projects section

There are also significant quantities of clay and gypsum. Gold occurs in many areas of the country, including Busia in the east, Buhweju and Kigezi in the west, Mubende – Kiboga in the central region and significant occurrences in Karamoja in the north east. Particularly, the demand for iron and steel is rising due to the need to develop the infrastructure projects power outage houston zip code in energy, oil and gas, as well as the railways.

According to the Petroleum Exploration and Production Department, 21 oil and/or gas discoveries have been made in the country to date. 87 oil wells have been drilled and there are 21 fields in existence. Currently over electricity bill average 3.5 billion barrels of STOIIP have been discovered with over 1.2 billion barrels of oil equivalent estimated as recoverable. However, appraisal of the discoveries is still ongoing. Less than 40% of the Albertine Graben has been evaluated.

The supportive investment climate therein has exposed numerous opportunities in ICT innovation services leading to maximum utilization of the existing youthful human resource base as quite suitable for the ICT work. The newly developed and highly qualitative ICT infrastructure is also ready to accommodate more future investments. Uganda is now connected to three marine fibre optic cables.

Currently, there are about seven companies involved in producing packaging materials among which is Riley Packaging in Mukono, Afroplast Enterprises Ltd in Luzira, General Molding in Industrial Area, Rwenzori Bottling company. However, most of them deal in general plastics using the blowing technology. The PVoC packaging technology is more acceptable worldwide.

Medicine accessibility stands at 45.7% in public health facilities, 57.5% in missionary units and 56.3% in private health units. Although Uganda’s market comprises both antibiotics and injectibles, the level of antibiotics prescribed by health facilities is higher than that of injectable medicines. The high demand for Essential Drugs for the treatment of Malaria, HIV/AIDS and Tuberculosis is reflected by the trends in causes of morbidity in Uganda. HIV/AIDS, Tuberculosis, and Malaria which are some of the major killer diseases account for 54% of the total disease burden in Uganda. Malaria is the leading electricity billy elliot lyrics cause of morbidity and mortality but Tuberculosis is on the increase.

The growing demand for medicines and health supplies in Uganda has instigated the emergency of the Pharmaceutical Industry evolving from 2 manufacturers in the 1990s to over 10 licensed manufacturers by 2010. The sector has also recorded rapid growth in the number of pharmacies and drug shops country wide but these are predominant in urban and semi urban areas. The sector provides numerous opportunities with an assured internal market and external market given that 90% of pharmaceuticals, sundries and medical equipment are imported in to the country. The opportunities ranging from small scale to large scale include:

Availability of Pre-Feasibility Studies, Feasibility Studies, and other Studies: None available. A feasibility study is needed to further refine and disaggregate the project functions while bring electricity usage by state out clearly core public functions (Government), Development partners functions (United Arab Emirates) and private sector input under the PPP arrangement

Actions Required/ Implementation Arrangements/ Contract Type: The project will be implemented in collaboration with a private developer through a PPP. It is a mixed development design with commercial area (offices, shops, entertainment and banking), institutional areas (health, schools, church) as well as public open areas and play grounds

Availability of Pre-Feasibility Studies, Feasibility Studies, and other Studies: Feasibility done – Private developer is expected to provide affordable capital funding to construct the houses. Government of Uganda will provide the land and infrastructure services such as roads, water and electricity to the project. The government will also organise interested public servants into housing cooperatives so that they are able to save for the houses. Monthly deductions will be made to the housing revolving fund to managed by Housing Finance Bank. The bank will provide the gas zone edenvale medium to long term mortgages to the members

The purpose of this project is to increase the supply and availability of fruit pulp for industrial and retail use and explore the excess demand especially for organic fruit pulp as a way of increasing value addition to the abundantly available fresh fruits, but at the same time create a market for thousands of smallholder producers involved in fruit production (apple bananas, mangoes and pineapples, passion fruits). All of the fruit concentrate in Uganda is imported mainly from Kenya and South Africa.

The project is planned to target the four most highly demanded fruit pulp products from Uganda, which include; Pineapple pulp, Mango pulp, Apple banana electricity 2014 pulp and Passion fruit pulp. Other pulp products such as papaya, guava etc may also be produced additionally as and when a demand arises. An average of 8 tonnes of fruit pulp will be produced per day (160 tonnes per month) at the project processing plant, once sufficient equipment is installed. 50% of this will be pineapple pulp, 30% apple banana pulp, 10% Passion fruit pulp and 10% Mango pulp.

UIA has secured land that it can lease out to investor for setting up of processing plants. To date a number of these pieces of land have been developed into industrial parks in Wakiso and Mukono districts a range of about 15 to 30 Kms from the Kampala city static electricity definition science centre, with all the basic infrastructure (power, water sewerage disposal and road networks) established.

Uganda enjoys sunshine throughout the year making it feasible for solar energy. The various rivers interspersed with waterfalls are potential sites for micro hydro power development. The abundant rainfall ensures constant water flow throughout the year. The organic wastes from households, institutions and agricultural production present huge promise for briquette and biogas production. Despite this abundant natural resource base, the level of electrification in Uganda is still low with less than 10% of the population connected to the national grid. The potential areas for investment in this sector include: