The country’s investment promotion agency licensed 426 planned investment projects valued at Shs9.63tn in the FY 2023/24 Kampala, Uganda | JULIUS BUSINGE | The Uganda Investment Authority (UIA) is seeking Shs173.9billion for the Financial Year 2025/2026 to cover wage and non-wage expenditures, with the bulk of the money, Shs161.5billion in already …
Read More »Industrial Park: Kisoro land ready for construction
Kisoro, Uganda | THE INDEPENDENT | The government has completed the acquisition of the land allocated for the construction of Kisoro Industrial and Business Park in Kisoro District. This was after the Uganda Investment Authority obtained the land title, and marked the borders, paving the way for the construction works to …
Read More »Kabarole residents demand answers on stalled agro-industrial park
Kabarole, Uganda | THE INDEPENDENT | Residents of Kabarole district are demanding answers over the stalled construction of an agro-industrial park. Construction of the park was supposed to commence in 2019, but three years later, there is no activity at the proposed site located in Kyembogo, Rwegaju sub-county. When URN visited …
Read More »UIA licenses new manufacturer of medical diagnostic products
Kampala, Uganda | THE INDEPENDENT | Uganda Investment Authority (UIA) has offered an investment license to Guangzhou Wondfo Biotech Co. Ltd, one of the world’s biggest and manufacturers of medical diagnostic reagents and equipment. The company described as the fastest-growing point of care diagnostic testing (POCT) manufacturers in the world, …
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