| Project Site Lira District | |
| Sector Agro-processing | |
| Investment Promoter Name: Irene Ssagala Email: issagala@ugandainvest.go.ug Telephone: +256-313-301 000 Company: Uganda Investment Authority | |
| Project Contact Andrew Mugerwa andrew.mugerwa@udc.go.ug +256-414-258204 Uganda Development Cooperation | |
| Project Description Uganda’s exports grew at a CAGR of 5% from US$ 73.5 Million in 2017 to US81.6 Million in 2019. Fibre is the largest exported commodity over the years, maintaining an average share of 68% from 2017 to 2020. The share pf fibre exports went to as high as 71% in 2019. Cotton Yarn’s produced by the Ugandan Spinning mill can substitute imports in the African continent. Countries like Egypt, Morocco, Tunisia, Nigeria, Tanzania and Ethiopia that import cotton yarn can serve as markets for the same. Setting up an integrated fabric mill in Uganda comes with its own sets of opportunities and challenges. The potential challenges can be mitigated with the combined efforts of industry stakeholders, investors and the Ugandan government. Forward integration to garment manufacturing is also an attractive opportunity that can be considered. Proposed products include knitted dresses, tops and T-shirts. The targeted products and fabric have a high regional and global demand. | |
| Investment Amount Required (US$) USD $58 Million, Equity and Debt | |
Type of Project & Investment Project Type: Greenfield Investment Type: PPP Feasibility completed |
Categories: