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Uganda govt to construct 25 industrial parks

Monday, 09 Aug 2021
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The government of Uganda is set to construct 25 Industrial parks across the country. This follows a partnership agreement inked between Uganda Investment Authority (UIA) and Uganda Peoples Defence Forces (UPDF) over the development.

The project is under UIA’s strategic plan 2020-2025 themed ‘Accelerating Domestic and Foreign Direct Investment for Sustainable Industrial Industrialization’ which targets creation of 4,00,000 jobs a year through industrial parks development. This is in line with Vision 2040 and the Third National Development Plan, which hinges on industrialization.

The development involves construction of regionally located industrial parks and four science, technology and innovation parks (STIPs). UIA already operates eight industrial and business parks in Uganda including: Namanve, Bweyogerere, Luzira, Kasese, Mbarara, Jinja, Mbale, Soroti and Karamoja.

The new industrial parks are planned for Gulu, Arua, Lira, Hoima, Buliisa, Hoima, Kabarole, Nakasongola, Luwero-Nakaseke, Kabarole, Mubende, Mityana, Masaka, Kabale, Bushenyi, Tororo, Rakai and Iganga.

The science, technology and innovation parks on the other hand will be set up in Pakwach, Kyankwanzi, Kamuli and Rubirizi.
 
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