Uganda invites investment in manufacturing facilities
AI Summary
Uganda is inviting foreign investment in manufacturing facilities due to its availability of iron ore and cotton. The government allows 100% foreign ownership and offers 0% import duty on unavailable raw materials to promote steel plants and spinning mills.
Since Uganda has iron ore and cotton, businesses can set up steel plants and spinning mills; it permits 100% ownership of projects by overseas companies and offers 0% duty on import of raw materials not available in Uganda, says High Commissioner of Uganda to India
World Markets Deals Commodities Uganda manufacturing investment iron ore cotton foreign ownership import duty