David Muwanga
Government has embarked on a number of solutions including securing land for industrial parks in with an objective of increasing the number of investors in the industrial sector, an official from the ministry of Trade and Industry has said.
“The Uganda Investment Authority has secured land to establish industrial parks like in Namanve, Mbale, Soroti, Jinja, Kasese among others aimed at mitigating the logistical and infrastructural challenges that prohibit industrialists and small and medium enterprises growth and development and ultimately this translates into industrial growth in Uganda,” said Dr. Joshua Mutambi, the commissioner for Trade, Industry and Cooperatives.
Dr. Mutambi interviewed after opening the USSIA conference at UMA conference hall on Friday.
Dr. Mutambi added that Uganda’s aspirations to become a middle income status cannot be achieved unless the industrial sector is developed.
He presided over the opening of the Uganda Small Scale Industries Association (USSIA) three day exhibition that closes on Sunday at the Lugogo show grounds.
“That is why government in the developing of national development plan (NDP III), the theme is “Sustainable Industrialisation for inclusive growth, employment and wealth creation,” he said adding that government is supportive of the small scale industries that later grow into large industries.
He said government shall continue to promote local content and BUBU.
“As the theme for this year “Industrialisation for job creation” goes, we cannot sideline the importance of the small scale industries in the creation of jobs. Government has endeavoured to promote industrialisation by providing an enabling environment and international markets, building infrastructure and improving the availability of power for instance the ongoing construction of hydropower dams,” he said.
Discussion about this post