Locals Lead UIA Investors
Nov 28, 2002
This calender year, Ugandans are the leading inward investors totalling about $124,233,928 in six core areas.
By David Muwanga
This calender year, Ugandans are the leading inward investors totalling about $124,233,928 in six core areas.
These include agriculture, forestry and fishing, mining and quarrying, construction, manufacturing, professional, non-professional and social services, real estate, tourism and trade, water and energy, transport, communications and storage.
Investors from Mauritius follow with projects worth $ 24,848,000 in the areas of mining, quarrying, water and energy.
Third is the United Kingdom, whose nationals have mainly invested in agriculture, forestry and fishing, construction, manufacturing, transport, communications and storage, totalling $23,366,760. Fourth are the Australians who have got a single project in tourism worth $23m.
According to the Uganda Investment Authority (UIA) report of January to October 2002, Holland follows with projects worth $22,397,000, next is Kenya with $18,129,825, South Africa with $16,812,000, Tanzania ($8.2m), and the US ($7,905,000).
Others are China ($7.5m), Egypt ($6.9m), Canada ($6.1m), Sri Lanka ($4.3m), Denmark ($1.5m) and Pakistan $ ($1.9m).
UIA’s Executive Director, Dr. Maggie Kigozi said this week “We had this year targeted to mobilise investments worth $300m, but we have already surpassed it and now we are at $332m before the end of the year.â€
Ends
This calender year, Ugandans are the leading inward investors totalling about $124,233,928 in six core areas.
These include agriculture, forestry and fishing, mining and quarrying, construction, manufacturing, professional, non-professional and social services, real estate, tourism and trade, water and energy, transport, communications and storage.
Investors from Mauritius follow with projects worth $ 24,848,000 in the areas of mining, quarrying, water and energy.
Third is the United Kingdom, whose nationals have mainly invested in agriculture, forestry and fishing, construction, manufacturing, transport, communications and storage, totalling $23,366,760. Fourth are the Australians who have got a single project in tourism worth $23m.
According to the Uganda Investment Authority (UIA) report of January to October 2002, Holland follows with projects worth $22,397,000, next is Kenya with $18,129,825, South Africa with $16,812,000, Tanzania ($8.2m), and the US ($7,905,000).
Others are China ($7.5m), Egypt ($6.9m), Canada ($6.1m), Sri Lanka ($4.3m), Denmark ($1.5m) and Pakistan $ ($1.9m).
UIA’s Executive Director, Dr. Maggie Kigozi said this week “We had this year targeted to mobilise investments worth $300m, but we have already surpassed it and now we are at $332m before the end of the year.â€
Ends