Uganda : Investment Climate & Opportunities
At the UNIDO Executive Program,
June 6 – 18, 2008
KOICA Training Centre,
South Korea
By: Hope Waira Nantamu
Investment Executive, UIA
Uganda Investment Authority
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Africa is Huge
Uganda Investment Authority
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Uganda’s overview
•
Area – 241,551 sq km : land – 199,808 sq km,
water – 41,743 sq km
•
Climate – tropical generally rainy with two
dry seasons
•
Land use – arable land (25%), permanent
crops (9%), other (66%)
•
Demographics – 28.2 million (2002 Census) ~
31 million
•
Female – 14.46 million (52%)
•
Male – 13.74 million (48%)
•
Major Languages – English, Luganda and
Swahili
•
Literacy rate (2006) – 69%
•
Female – 63%
•
Male – 76%
Uganda Investment Authority
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Uganda’s Strategic Location In The Heart
Of Africa
UGANDA
MARKET
Uganda
30* million
East Africa 125* million
Great Lakes Region-190* million
COMESA
- 23 member countries
- 400 million people.
- Imports over US$ 170
billion annually.
AGOA
EU – Preferential Treatment of
Exports
*Source: CIA World Fact Book - Estimates
Uganda Investment Authority
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Why Uganda?
• Predictable economic environment
• Fully liberalised economy
• A strong natural resource base and leader is organic agriculture
• Easy market access
• Government commitment to private sector
• Low cost and trainable labour
• Investor protection
• Generous investment incentives
Uganda Investment Authority
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Investment Incentives
•
Capital allowances: 50% - 100% depending on the item
•
Deductible Annual Allowance
•
Import duty exemptions
•
Duty draw back facilities
•
First arrival privileges
•
Externalisation of funds allowed
•
Investment trader facility
•
10 Year tax holiday for value added exporters
•
Withholding tax exemptions on interest, raw materials, plant &
machinery.
Uganda Investment Authority
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Investment Opportunities
• Manufacturing
• Transport / Infrastructure
• Agriculture
• Energy
• Clean Development Mechanism Projects
• Mining / Petroleum
• ICT
• Services – Health, Education, Financial services
• Tourism
Uganda Investment Authority
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Simple Business Regulation (Procedures to invest)
1.
Register a local company in Uganda
2.
Secondary licence (if required)
3.
Investment licence
4.
Environment Impact Assessment
5.
Land –commercial, industrial
6.
Implement the project.
Uganda Investment Authority
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UIA Services: One-stop-shop
1.
Comprehensive assistance in business establishment
2.
Information provision regarding opportunities, networking
contacts at various levels and sectors/businesses, etc.
3.
Site identification and visits
4.
Setting up assistance
5.
Facilitation with joint venture and business linkage
opportunities
6.
Assisting with cost analysis..
Uganda Investment Authority
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Ownership of Projects
TOP TEN MAJOR SOURCES
OF FDI BY INVESTMENT
(1991 – 2007)
Ownership of Projects 1991 - 2007
Local
34%
Foreign
45%
Joint Venture
21%
1.
United Kingdom
2.
Kenya
3.
India
4.
UAE
5.
South Africa
6.
Canada
7.
USA
8.
China
9.
Egypt
10. Pakistan
Uganda Investment Authority
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Korean Investments in Uganda
• 22 Projects
• US $ 22.9 million – planned investment
• 743 jobs
Uganda Investment Authority
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Invest in Uganda!
CONTACT INFORMATION
Uganda Investment Authority
Plot 22B, Lumumba Avenue
P.O. Box 7418
KAMPALA
Tel: 256-41-4301000
Email: info@ugandainvest.com
Website: www.ugandainvest.com
KAM SA HA MNIDA!
Uganda Investment Authority
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