Anite commends phone company over plant plans
Apr 16, 2024
The minister encouraged the team to hasten the process of setting up the factory so that they stop importing the phones from China so that they create jobs for Ugandans.
Evelyn Anite, minister of state for Finance and Investment, speaking during the launch of Infinix’s “NOTE40 series” at Four Point in Kampala on Thursday, April 11. (Photo by Jimmy Outa)
Jimmy Outa
Journalist @New Vision
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Investment state minister Evelyn Anite has commended a mobile phone company over its plans to set up a manufacturing plant in Nakifuma district.
“I am excited and would like to ask all Ugandans to be excited for Infinix (for) the fact that they are going to be manufacturing here in Uganda in Nakifuma," Anite says.
Speaking during the launch of the company's latest mobile phone on on Thursday, April 11, 2024, Aniter said, these gays have done a great job having been in the market for eight years and transiting from being traders to manufacturers.
(L-R) Evelyn Anite, minister of state for Finance and Investment, Lawrence Lutaaya one of the winners of Infinix prizes and Barnett Fan, the brand manager of Infinix in a photo during the launch of Infinix’s “NOTE40 series” at Four Point in Kampala on Thursday, April 11. (Photo by Jimmy Outa)
The minister encouraged the team to hasten the process of setting up the factory so that they stop importing the phones from China so that they create jobs for Ugandans.
According to Anite, import duty on inputs for assembling phones will be zero, while the imported assembled phones attract import duty of 10% tax of the value.
She explained that this tax is going to keep on growing and may even reach 25%: "So, the opportunity is now for you to assemble it here".
A market of 1.4 billion people
Anite urged the investor to look beyond the 40 million people Ugandan and 300 million people East African market.
“We also have a very great relationship with the African continental trade of 1.4 billion people, and you know what, our President recently became the chairperson of 122 countries plus China. So, your products will go in this market,” Anite said.
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