Matooke Republic
Friday, July 11, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Namanve Industrial Park will house 500 factories, projected to create over 200,000 jobs – Investment Minister Anite

Norman Mwambazi by Norman Mwambazi
January 13, 2020
in Business
Reading Time: 2 mins read
State Minister for Investment and Privatisation Evelyn Anite. COURTESY PHOTO.

State Minister for Investment and Privatisation Evelyn Anite. COURTESY PHOTO.

Share on FacebookShare on Twitter

Yesterday, State Minister of Finance for Investment and Privatization Evelyn Anite presided over a groundbreaking ceremony that will pave way for the development of the Namanve Industrial and Business Park along Jinja road in Wakiso district.

The project will be fully funded by a Shs700 billion loan from the United Kingdom (UK) government and as Minister of UK for Africa Andrew Stephenson remarked, the project will be completed in 42 months.

“Just like a midwife, we hope to have a good pregnancy, swift delivery, and the baby that will be born will be healthy and prosperous to grow Uganda as a whole in a period of 42 months,” Stephenson said.

RELATED POSTS

Pearl Tower One: Meera Investments unveils Kampala’s landmark Grade-A office building

Equity Bank, Nation Media Group and KPMG launch 2025 Top 100 Mid-Sized companies survey to empower Uganda’s SMEs

Evelyn Anite said that once completed, the park will have 500 new factories that will have a range of products manufactured in Uganda will enable the country reduce on the number of imports from China, and providing a projected 200,000 jobs to Ugandans in the process.

“We shall now stop being a supermarket for Chinese imported products because they will be manufactured here but the 200,000 jobs will also have a big multiplier effect,” Anite said.

Namanve is the biggest Industrial park in Uganda sitting on over 2200 acres, but Uganda has 21 other Industrial parks spread in different regions of the country.

This development comes at a time when government is intensifying activities that will see the manufacturing sector grow and drive the economy to Middle-income status by 2040.

Among other attendees on this ceremony was Minister for Works Gen Katumba Wamala who said that the process of developing the Bukasa port and the Kampala – Jinja Expressway is also underway.

Related

Tags: Andrew StephensonEvelyn AniteGen. Katumba WamalaNamanve Industrial and Business park
Share2Tweet1Send
Norman Mwambazi

Norman Mwambazi

Writing is my substitute for worry. Live. Love. Laugh. Be Good.

Related Posts

Mukono-Kampala passenger train service resumes with upgraded rail line and improved capacity: Here’s the Schedule

by Matooke Republic
8 months ago

...

Minister Evelyn Anite.

Minister Anite shares tips on making long-distance relationships work

by Matooke Republic
10 months ago

...

Minister Evelyn Anite.

Minister Evelyn Anite: My strength comes from Jesus, not the ‘Majje’

by Matooke Republic
2 years ago

...

My husband paid 25 cows and 40 goats to marry me– Minister Anite

by Matooke Republic
3 years ago

...

Gen Katumba shooting: Five suspects charged with murder and terrorism

by Matooke Republic
4 years ago

...

Next Post

It’s only the material that was got from China but the design was made in Uganda – Makerere University on imported gowns

Butabika Mental Referral Hospital

Butabika Mental Hospital overwhelmed by patients as it is said to be receiving between 100 – 120 patients every day

RECOMMENDED

Isaiah Katumwa addressing members of the press.

Johnnie Walker Green Label to Celebrate Jazz Icon Isaiah Katumwa’s 30-Year Musical Journey

July 10, 2025

Pearl Tower One: Meera Investments unveils Kampala’s landmark Grade-A office building

July 10, 2025
  • 643 Followers
  • 23.9k Followers

MOST VIEWED

  • Here is how to use NIRA’s new online portal to register or renew your national ID

    3913 shares
    Share 1565 Tweet 978
  • DNA test confirms late MP Ssegirinya was father to only 4 of 9 children presented after his death

    96 shares
    Share 38 Tweet 24
  • Kampala University proprietor Prof Kateregga’s wife rejects DNA results indicating one of three children is not his, demands fresh test in the United States

    93 shares
    Share 37 Tweet 23
  • Properties owned by late billionaire Aponye at risk of auction over Shs15 billion loan arrears

    77 shares
    Share 31 Tweet 19
  • Pastor Bugingo’s daughter Doreen Gift awarded scholarship to Arizona State University in the US

    61 shares
    Share 24 Tweet 15
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.