Presented by Migadde Habib, Uganda Embassy Juba- South Sudan.

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Presentation transcript:

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan

 General information about South Sudan  Background.  Progress made since CPA  Legal and Economic Framework  Investment opportunities in South Sudan  Challenges  Advantages of Trading with South Sudan.  Uganda’s Benefits from Trade with South Sudan  Recommendations  Conclusion

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan Uganda

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  Official name: Government of South Sudan  Total Area : Km2  Capital city : Juba  Nature of City dwellers: Cosmopolitan  Composition: Ten States  Boarders: Seven Countries  Currency: South Sudan pound(SSP)  Value of Currency: 1SSP=850 Ug. shillings  Population: est;  Languages: English and Juba Arabic  Return on Investments: Relatively High

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  South Sudan is our NUMBER ONE MARKET in the World  Uganda earns over 250 million USD from formal and 140 Million USD informal trade In South Sudan as annual figures  South Sudan and Uganda share a great historical relationship.  Signed Agreement Between Uganda and South Sudan- Feb 2006  Signed MoU on Trade and other trade related areas of Cooperation  GoSS launched a Private Sector Development Program

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  Political and Security situation  CPA 2005  Successful Parliamentary and presidential Elections 2010  Successful Referendum 2011  Improved security situation  Waiting for independence on 9 th July 2011  The Security situation has greatly improved in South Sudan  INVESTIMENT CLIMATE  Reforms and streamlining of procedures to starting and doing business  Reform of GoSS institutions to offer efficient and transparent services  Established laws in line with good international practice that govern private sector development  Established the Ministry of Investments  They established the Chamber of Commerce, Industry and Agriculture.

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  Investment Promotion Act, 2009  Business entry laws  Land Act, 2009  Taxation Act, 2009  South Sudan Anti-Corruption Act, 2009

 Free Market economy  Private Sector Driven development  Promotion of public-private partnerships  Development and strengthening of SMEs  Promotion of Foreign and domestic Investments. Presented by Migadde Habib, Uganda Embassy Juba- South Sudan

 Repatriation of Capital, profits and dividends  Guarantees against expropriation  Non-Discrimination-Both local and foreign investors can own and operate business in any sector of the economy  Special incentives on application to the Board of investments  Access to public information  Protection of intellectual property rights-trade Marks, copyrights and patents  Dispute resolution

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  Exemptions and concessions on machinery and equipment, capital and net profits  Exemptions on agricultural imports-tools, equipment, machinery, pharmaceutical, animal feeds, seeds for boosting food and cash crop production  Land can be provided by Government and Local authorities for investment in priority sectors like General investments in agriculture other than forestry and paper wood- not exceeding 30 year for foreign investors, forestry plantation-exceed 60 years subject to renewal by mutual consent, quarrying and mining- lifespan of the quarry and the mine.  The Investors are allowed to employ foreign managers  The Investors are entitled to entry, work permits etc

Presented by Uganda Consulate Juba- Southern Sudan  Government of South Sudan priority and strategic sectors for investment:  Agriculture and Agro-business  Physical infrastructure  Social infrastructure  Mining, Quarrying, Energy, electricity, Petroleum and Gas  Research on mapping of natural resources for economic use  Forestry  Medium to heavy manufacturing industries  Transport, Telecommunication, print and Electronic Media, and ICT  Commercial banking, Insurance, Property management and financial related services.  Health and Pharmaceuticals services  Tourism and Hotel Industry Development Presented by Migadde Habib, Uganda Embassy Juba- South Sudan

 Cement  Coal  Gold  Uranium  Mercury Etc

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan They have 13 million hectares fresh water It has the potential for sustainable harvest for up to 300,000 metric tons of fish per year Now, only about 30-40,000 metric tons of fish is harvested yearly. A lot of this is destroyed and does not reach the market due to transport and preservation bottlenecks  Required Investments  Fish processing factories  Fish transportation facilities  Fishing tools

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  Growing of cash crops like tea, coffee, cotton, etc  Organic farming for mass production  Provision of Irrigation scheme and systems  Forest products-Forests and woodlands cover 29% of the total area  Meat processing-Number of cattle estimated to be 10 millions  Animal and chicken feeds  Breeding farms  Construction of standard abattoirs  Poultry farming  Wood work Industries-abundance of timber  Diary industry-Abundance of livestock  Hides, skins and leather Industry  Fruit processing-Availability of variety of fruits like mangoes and pineapples in Western Equatoria

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  Private Universities  Pre-Primary, Primary and secondary schools  Technical/vocational institutions  Schools for nurses and mid-wives etc

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  Capacity building  Health related consultancy  Business related consultancy  Administrative related consultancy  ICT related consultancy  Agricultural related consultancy  Housing Consultancy  Any other Consultancy service

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  Private Hospitals and clinics  Pharmacy and pharmaceutical production

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  Construction Materials  Labour for construction  Architectural services  Tiles and brick laying  Any other Construction related expertise.

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  CONSTRUCTION OF ROADS, HOUSING FACILITIES, MARKETS, SHOPS AND OTHER COMMERCIAL FACILITIES.  RIVER TRANSPORT  REAL ESTATES PROJECTS  MECHANICAL ENGINEERING FACILITIES

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  All ICT gadgets and related services are required

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  Hotels, resturants, lodges etc  Conference facilities  Development of resorts  Tour and travel business  Horticulture and floriculture development

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  Commercial banking services  Micro-finance services  Financial advisory services  Accounting and auditing services.

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  Transformer and electric cabling manufacturing  Supply and installations  Wind power generation  Exploration of hydrocarbons and petroleum  Bio-fuel production  Hydropower development on the River Nile and its tributaries

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan  Information distortion and un fair reports  Poor roads though improving  Poor Electricity Supply  Problems with Conversion of Currencies.  Multiple taxation  Lack of storage facilities  Criminal related activities starting from the source to the market points.  Limited access to information on investment related issues in South Sudan

Presented by Uganda Consulate Juba- Southern Sudan  Historical relationship-Uganda’s historical involvement in the liberation of South Sudan.  Proximity-Uganda is closer to South Sudan than other neighbours,sharing borders and culture.  The market has no tarrif escalations/cascading tarrifs, techinical barriers to trade, sanitary and phystosanitary measures.  Availability of both air and road transport  Higher returns on investments.  Comparative advantage in agro produce and other related services. Presented by Migadde Habib, Uganda Embassy Juba- South Sudan

 Increased export earnings.  Increased Remittances from Ugandans and South Sudanese  Enhanced Cooperation  Increased employment opportunities  Peace and Stability Presented by Migadde Habib Uganda Embassy Juba- South Sudan

Presented by Migadde Habib, Uganda Embassy Juba- South Sudan There is need for full operationalisation of the Bilateral Agreement and a Comprehensive investment strategy. There is need for export facilitation(export subsidies, Credit/loans to exporters, credit Guarantees etc) There is urgent need for orientation and sensitization of Ugandans about South Sudan. The access road of Gulu-Bibia has to be urgently work on to reduce on the cost of trade. Organised trade endeavours by both traders and Government. Information sharing and disemination Ug. Government needs to lobby for more attractive packages for Ugandan Traders.

It is important to note that there is need for a well thought Public and the private sector Comprehensive investment strategy in order to effectively exploit the enormous investment opportunities in South Sudan. Presented by Migadde Habib, Uganda Embassy Juba- South Sudan

Contact Mr. Willy Mutenza in the UK or contact Uganda Embassy, Juba-South Sudan. TeL: Presented by Migadde Habib, Uganda Embassy Juba- South Sudan