UIA to earmark 20 percent land for SMEs

Ms Jolly Kaguhangire, the Uganda Investment Authority {UIA} executive director last week promised  to preserve 10 acres (20 per cent) of land in all government industrial parks, to accommodate Small and Medium Enterprises (SMEs) that are involved in value addition activities.

“As the body responsible for investment, we want local investors to take a lead in the country’s industrialization process and we want to help small investors so that they can also grow into large investors; who qualify to get bigger chunks of land in industrial parks”, she said.

Kaguhangire further said; Government wants to develop 22 industrial parks across the country and this will lead to equal distribution of industries, which will give every Ugandan a chance to engage in production.

The director SMEs at UIA, Mr Basil Ajer, advised the enterprises to utilize the authority so that they can be connected to bigger organizations that they can partner with to enable them grow.
“We work with districts to compile data of all SME’s so that we can train and connect those who come to us for help,” Mr Ajer added. By ABCafrica reporter

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