Join Import & Export Telegram Group📈
💰Join Import & Export Facebook Group
The Uganda Investment Authority (UIA) has launched an initiative to encourage traders in Kampala's Kikuubo business hub to transition from importing products to manufacturing them locally[1][2][3].
Named "Transitioning Kikuubo Traders to Manufacturing," the plan aims to promote import substitution by supporting traders with sizeable capital to start producing the goods they currently import[3][4]. UIA has created a special desk under its Domestic Investment Division to guide traders on work plans, targets and timelines for this transition, offering incentives like tax holidays, free industrial park land, and capital guarantees[2][3].
Citations:
[1] https://www.ugandainvest.go.ug/2024/07/31/
[2] https://www.kfm.co.ug/news/uia-launches-initiative-to-help-traders-transition-from-imports-to-locally-manufactured-products.html
[3] https://www.monitor.co.ug/uganda/business/markets/new-plan-to-support-traders-transition-to-manufacturing--4711036
[4] https://africanreview.com/manufacturing/uia-encourages-local-manufacturing-in-kampala
[5] https://twitter.com/GovUganda/status/1819282733186625857
💰Join Import & Export Facebook Group
Join Import & Export Telegram Group📈
Related Posts
None found