Kampala Business and Industrial Park | |
---|---|
Coordinates: 00°20′35″N32°41′55″E / 0.34306°N 32.69861°E | |
Country | Uganda |
District | Wakiso District |
Town | Kira Municipality |
Area | |
• Total | 8.9 km2 (3.4 sq mi) |
Time zone | UTC+3 (EAT) |
The Kampala Industrial and Business Park(KIBP), also referred to as Kampala Business and Industrial Park or Kampala Industrial Park, is an industrial and business park in Uganda. The park was developed by the Uganda Investment Authority (UIA) as a central place where investors can locate factories, warehouses, distribution centers, and other business offices. [1]
KIBP is located in Namanve, Kira Municipality, Wakiso District. This location is approximately 15 kilometres (9 mi), by road, east of the central business district of Kampala, Uganda's capital and largest city, on the Kampala-Jinja Highway. [2] The coordinates of Kampala Business and Industrial Park are: 0°20'35.0"N, 32°41'55.0"E (Latitude:0.343050; Longitude:32.698600). [3]
The industrial park was created by act of parliament in 1997. An area measuring 894 hectares (2,210 acres), previously occupied by a national eucalyptus forest was de-gazetted for that purpose. [4] Over 200 businesses acquired land and space on concessional terms to establish their businesses in the park. Roofings Limited, a manufacturer of galvanized iron bars, wires, and sheets, began production in September 2010 at a new factory called Roofings Rolling Mills Limited and located in the business park. [5]
In August 2018, UIA announced that all the land in the industrial park had been allocated to 290 prospective investors, of whom 192 (66.2 percent) were Ugandan-based and 98 (33.8 percent) were foreign-based. [1] By that time, the park's size had grown to 2,200 acres (3.4 sq mi), with 33 factories operating, including Century Bottling Company (the Coca-Cola franchisee in Uganda), Threeways Shipping Limited, and Leaf Tobacco & Commodities Limited. Another 87 companies were in the construction phase while 120 were in the feasibility study stage. [1]
The following businesses are located at Kampala Industrial and Business Park Namanve:
In January 2019, the government of Uganda formally applied for a loan amounting to £246 million (USh:1.116 trillion or US$326 million) from UK Export Finance for the development of a road network, sewerage disposal system, waste management network, high voltage electricity infrastructure, an IT network backbone and related developments. [10]
In 2020, the UK Export Finance approved a loan facility worth £250 million (USh:1.175 trillion or US$331 million). The loan was availed to the Uganda Investment Authority (UIA) to carry out the above infrastructure developments, within a 42 months timeframe. As of December 2021, with 35 percent of the 42 months elapsed work was estimated at 17 percent compete. [11]
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I&M Bank Uganda, formerly Orient Bank, whose complete name is I&M Bank (Uganda) Limited, is a commercial bank in Uganda which is licensed by the Bank of Uganda (BOU), the central bank and national banking regulator.
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The National Social Security Fund (NSSF), is a quasi-government agency responsible for the collection, safekeeping, responsible investment, and distribution of retirement funds from employees of the private sector in Uganda who are not covered by the Government Retirement Scheme. Participation for both employers and employees is compulsory. The Uganda National Social Security Fund is the largest pension fund in the countries of the East African Community, with total assets of USh18.58 trillion, as of June 2023.
Equity Bank Uganda Limited (EBUL), is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. EBUL is a subsidiary of Equity Group Holdings Limited, a financial service conglomerate with headquarters in Kenya and subsidiaries in six countries of the African Great Lakes Region.
Umeme Limited is the largest energy distributor in Uganda, distributing about 97 percent of all electricity used in the country. The shares of the stock of the company are listed on the Uganda Securities Exchange (USE) and are cross listed on the Nairobi Stock Exchange (NSE). As of December 2023, the company's total assets were approximately UGX:2.347 trillion, with shareholders' equity of approximately UGX:937.381 billion.
Uganda Clays Limited (UCL), commonly referred to as Uganda Clays, is a building materials manufacturer in Uganda. The company manufactures baked clay building products, using Italian-made heavy clay processing machinery. The clay is excavated using surface mining techniques. The company is listed on the Uganda Securities Exchange (USE), being the first equity to list on the exchange in 2000.
Absa Bank Uganda Limited, formerly known as Barclays Bank of Uganda Limited, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. The bank is a subsidiary of Absa Group Limited, a financial services conglomerate, based in South Africa, with banking subsidiaries in 12 African countries and representative offices in two other African countries. Absa Bank Group, whose shares trade on the JSE Limited, was reported to have total assets in excess of US$91 billion, as of October 2019.
Bweyogerere is one of the six townships or wards that constitute Kira Municipality in Wakiso District in southern central Uganda. The other five wards are Kimwaanyi, Kira, Kireka, Kirinnya and Kyaliwajjala.
Namanve is an area in the Central Region of Uganda. The larger portion of Namanve lies in Kira Municipality, in Wakiso District with portions located in Mukono Municipality, in Mukono District.
Namanve Power Station is a 50 MW heavy fuel oil-fired thermal power plant in Uganda. Sometimes the power station is referred to as Kiwanga Power Station.
Roofings Group, often referred to simply as Roofings, is the largest manufacturer of steel construction materials in Uganda, with installed production capacity of 72,000 metric tonnes annually.
Kakira Sugar Works Limited, often called Kakira Sugar Works, is a leading sugar manufacturer in Uganda, the third-largest economy in the East African Community.
NCBA Bank Uganda Limited, is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda, the country's central bank and national banking regulator.
Bank of India (Uganda) Limited (BOIUL), commonly referred to as Bank of India (Uganda), is a commercial bank in Uganda. The MD of this bank is Mr.Vikash Krishna. It is licensed by the Bank of Uganda, the national banking regulator.
The Uganda National Oil Company (UNOC), also known as the National Oil Company of Uganda, is a limited liability petroleum company in Uganda owned by the Ugandan government. The 2013 Petroleum Act of Uganda provides for the establishment of the national oil company. UNOC's board of directors was inaugurated on 23 October 2015 by the president of Uganda.
The Kampala–Jinja Expressway, also known as the Jinja–Kampala Expressway, is a proposed four-lane toll highway in Uganda, linking Kampala, the capital and largest city of Uganda, with the city of Jinja in the Eastern Region of Uganda.
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Jolly Kamugira Kaguhangire is a businesswoman and corporate executive in Uganda. From April 2017 to October 2018, she was the executive director and CEO of Uganda Investment Authority (UIA), the government agency that is responsible for promoting, attracting and facilitating investment into Uganda's national economy.