25 Industrial parks are set to be constructed across Uganda. This follows a partnership agreement inked between Uganda Investment Authority (UIA) and Uganda Peoples Defence Forces (UPDF) over the development.
The partnership agreement was signed between UIA's Director General Robert Mukiza and the Managing Director of National Enterprise Corporation (NEC), Lt Gen James Mugira. NEC is the commercial arm of UPDF.
The project is under UIA's strategic plan 2020-2025 themed "Accelerating Domestic and Foreign Direct Investment for Sustainable Industrial Industrialization" which targets creation of 400,000 jobs a year through industrial parks development. This is in line with Vision 2040 and the Third National Development Plan, which hinges on industrialization.
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