This is a best prospect industry sector for this country. Includes a market overview and trade data.
Overview
Uganda’s infrastructure needs remain substantial. With a 10% annual growth rate in car ownership, Uganda’s road network is seriously overburdened, especially in and around cities. Furthermore, Uganda’s roads are poorly maintained, making transportation costly and dangerous. The government expects to complete its expansion of Entebbe International Airport by May 2023, one-year behind schedule. The Kabaale International Airport in the oil-rich Albertine Graben, the country’s second international airport, is expected to be completed in January 2023, a nine-month delay from the first projection. Uganda also faces an eight-million-unit housing shortage, according to the Uganda National Planning Authority. With an estimated 300,000 housing units needed per year, commercial construction and residential construction in Uganda are booming. The government allocated 15.3% of its 2021/22 budget to road infrastructure, the largest allocation of any sector. Uganda has no domestic production of the equipment needed to develop large-scale infrastructure projects. Additionally, Uganda’s growing industries and service providers badly need larger and more modern sites, such as industrial zones, to operate.
Opportunities
Uganda needs effective project management services. The Uganda National Oil Company (UNOC) is also seeking investors for its 30-square-kilometer Kabaale Industrial Park, which will include the 60,000 barrel per day oil refinery, upstream crude oil export hub, and Kabaale International Airport. All these projects will be developed as independent projects. The government is seeking strategic partnerships with investors to offer managerial, technical, and financial services required for the development of Kabaale Industrial Park. For more information, please visit: https://www.unoc.co.ug/midstream/kabaale-industry-park/
The Ministry of Works and Transportation also is seeking investors in the following construction projects:
- Public-Private-Partnership construction of the following national roads: Kampala – Busunju (50 km); Kampala – Bombo (30 km); Kampala outer beltway (120 km); suspension toll-bridge between Buwaya Landing Site and Nakiwogo; Jinja – Malaba Expressway (200kms)
- Construction of inland ports
- Public-private partnership for construction material factories