Presentation on theme: "Uganda Investment Authority 1 Uganda : Investment Climate & Opportunities At the UNIDO Executive Program, June 6 – 18, 2008 KOICA Training Centre, South."— Presentation transcript:
Uganda Investment Authority 1 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 2 Africa is Huge
Uganda Investment Authority 3 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 – million (52%) Male – million (48%) Major Languages – English, Luganda and Swahili Literacy rate (2006) – 69% Female – 63% Male – 76%
Uganda Investment Authority 4 Uganda’s Strategic Location In The Heart Of Africa MARKET Uganda- 30* million East Africa-125* million Great Lakes Region-190* million COMESA - 23 member countries million people. - Imports over US$ 170 billion annually. AGOA EU – Preferential Treatment of Exports * Source: CIA World Fact Book - Estimates UGANDA
Uganda Investment Authority 5 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 6 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 7 Investment Opportunities Manufacturing Transport / Infrastructure Agriculture Energy Clean Development Mechanism Projects Mining / Petroleum ICT Services – Health, Education, Financial services Tourism
Uganda Investment Authority 8 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 9 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 10 Ownership of Projects TOP TEN MAJOR SOURCES OF FDI BY INVESTMENT (1991 – 2007) 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 Projects US $ 22.9 million – planned investment 743 jobs Korean Investments in Uganda
Uganda Investment Authority 12 CONTACT INFORMATION Invest in Uganda! Uganda Investment Authority Plot 22B, Lumumba Avenue P.O. Box 7418 KAMPALA Tel: Website: KAM SA HA MNIDA!