• EDITORIAL POLICY
  • ABOUT US
PML Daily
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
PML Daily
No Result
View All Result
Home BUSINESS

New free port zone in Bukaya to create over 1000 jobs

JAVIRA SSEBWAMI | PML Daily Staff Writer by JAVIRA SSEBWAMI | PML Daily Staff Writer
August 6, 2019
in BUSINESS, TOP STORY
1
SHARES
48
VIEWS
FacebookWhatsAppTwitter
R-L: The Executive Director of Uganda Free Zones Authority, Mr Richard Jabo hands over a Free Zone Developer's Licence to Eng. Brian Kalibbala and Eng. Boney Ntambi of M/S Kimsam Investments Ltd at UFZA offices
R-L: The Executive Director of Uganda Free Zones Authority, Mr Richard Jabo hands over a Free Zone Developer’s Licence to Eng. Brian Kalibbala and Eng. Boney Ntambi of M/S Kimsam Investments Ltd at UFZA offices. (PHOTO/PML Daily)

KAMPALA – The Uganda Free Zones Authority (UFZA) has issued a Developer’s licence to M/s Kimsam Investments Ltd, located at Kyagwe, Bukaya, Buikwe District to construct a Free Port Zone.

The Free Port Zone is projected to invest about US$500m in shipment, transshipment, manufacturing and processing within the Free Port Zone.

The main activities that will take place in the Free Port Zone are; Agro-processing, manufacturing: maritime boat building and assembly, services: cargo terminal and services: maritime training institute. It is anticipated that these activities will create about 1,000 direct jobs which will lead to the development of the economy through the backward and forward linkages.

The issuance of this Developer’s Licence brings the number of Free Zones licensees to a total of 21.

The establishment of Free Zones has attracted benefits to the economy and respective communities in terms of job creation, infrastructure development, skills and technology transfer, and increased foreign exchange earnings.

UFZA is mandated to develop, manage, market, maintain, supervise and control Free Zones in Uganda.  The Government’s main Policy objective of establishing Free Zones is to promote investment in the manufacturing and processing sector in order to boost Uganda’s

Comments

Tags: buikwe districtBukayafree port zoneKyagwetopUganda Free Zones Authority
Previous Post

Super 8: KCCA FC take care of Wakiso Giants to storm last 4

Next Post

Makerere freshers’ orientation: students tipped on safety and health

Related Posts

UCAA, Manager Public Affairs, Vianney Mpungu Luggya, was recognized by ICAO over outstanding performance (PHOTO/Courtesy).
NEWS

Global aviation body ICAO gives 3 certificates to UCAA over outstanding performance

December 7, 2019
25
Karimojong women attending a training organized by KAWUO on women's participation in decision making on Friday at Lavendar hotel in Moroto town (photo by Jonathan Opolot)
NEWS

Karamojong urged to practice woman emancipation

December 7, 2019
38
Speaker Kadaga launches Lubega school of Medical Professional in Iganga (PHOTO/PML Daily)
NEWS

Kadaga pleads for local investor tax incentives

December 7, 2019
168
Matembe
NEWS

NRM nurturing a corrupt generation, says Matembe

December 7, 2019
56
The Deputy Speaker, Jacob Oulanyah (centre) poses for pictures with students after the schools debate championship on Friday
NEWS

Improve on your persuasion powers! Oulanyah advises young debaters

December 7, 2019
37
The Chairperson, Organising Committee of the EAC Inter Parliamentary Games, Hon. Peter Ogwang, addressing a press conference on Friday (PHOTO/Courtesy).
Society

All is set for EAC Inter-Parliamentary games

December 7, 2019
47
Next Post
Mr. Sai Charan, escorted by his parents the the Freshers Orientation Meeting held on 5th August 2019. Mr. Charan will be pursuing a Bachelors Degree of Medicine and Dental Surgery. (PHOTO/PML Daily)

Makerere freshers’ orientation: students tipped on safety and health

local

local

energyandminerals

About

The PML Daily, published via www.pmldaily.com is a publication of Post Media Ltd, a professional Digital/New Media company in Uganda.

Follow us

Facebook Twitter Youtube RSS

KIU

  • EDITORIAL POLICY
  • ABOUT US

© 2019 PMLDAILY.COM

No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines

© 2019 PMLDAILY.COM