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Differents ways, different laws, different and exciting opportunities especially for investors who most often receive a tax break if they invest a certain amount of money in a business in Uganda.


Uganda has a economic growth rate of about 6% or better and there is an emerginf middle class that will make a huge diffrence. Uganda represents all kind of exciting business opportunities but always proceed in cautious manner.


Uganda is a land of opportunity, Uganda remains the leading recipient of Foreign Direct Investment in the East African region. FDI in Uganda continues to be driven largely by heavy investments from oil exploring companies. As Uganda moves toward active oil production in the next several years, it will likely continue to attract FDI.


Major investments were made in construction, banking and financial services, telecommunications, and petroleum exploration


The Ugandan government continues to emphasize strengthening the country's road, rail, water, energy, and communications infrastructure. In FY 2013/14, the Ugandan Government invested nearly $1 billion in road construction and improvement; this will remain a priority in FY 2014/15.


Uganda’s major trading partners are its regional neighbors, including Kenya, the Democratic Republic of Congo (DRC), and South Sudan. The European Union, the United Arab Emirates, South Africa, India, China, Japan and Singapore follow behind Uganda's regional partners.


Uganda is a member of the East African Community (EAC) along with Kenya, Tanzania, Burundi, and Rwanda. The EAC has passed protocols establishing a Customs Union and Common Market among the five countries and recently signed a monetary protocol that lays out a ten-year road map to a common currency. Although implementation has been slow, Kenya, Rwanda, and Uganda have started to “fast track” several projects, reducing the amount of time it takes to ship goods from the port in Mombasa, Kenya, to Kampala.


Major exports to Uganda include machinery and machinery parts, electronics, transportation equipment, and optic and medical instruments. Prospects for exports to Uganda include construction equipment, renewable energy technologies, oil production technologies, power generation, hydropower technologies, manufacturing and mining equipment, information and communication technology products, medical equipment and pharmaceuticals, supplies for food processing, agricultural inputs, cosmetics, and consumer goods


Uganda enjoys a unique location at the heart of Africa giving it an advantage for regional trade and investment. Uganda has seen its regional trade grow steadily with its neighbors South Sudan, the Democratic Republic of Congo, Kenya, Tanzania and Rwanda


Market Entry Strategy


Promising opportunities exist for well-prepared firms in the right sectors.


Many exporters must find local distributors to market their products, and successful foreign businesses often use local agents familiar with the sometimes confusing and slow-moving Ugandan bureaucracy. As with local distributors, businesses should thoroughly research potential agents.


Some businesses have entered the local markets through joint ventures with local or regional businesses. This allows firms to take advantage of local and regional expertise while sharing some of the risks with the local firms.

 

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