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Various opportunities
exist to promote positive business relationships between Pakistani and
Ugandan companies. Many companies (pharmaceuticals etc.) in AgriBusiness, Floriculture, Fish and Fish
Farming, Cotton and Textiles, Building and Construction, Manufacturing, Food
and Beverages, Financial Services, Fruits and Vegetables, Information
Technology/Electronics, Dairy Sector, Tourism Sector, Mining, Printing and
Packaging, Commercial Agriculture, Forestry and Infrastructure. For an overview of the Ugandan economy, and for useful business contacts see below. Economic overview Since 1986, the government - with the support of foreign countries and international agencies - has acted to rehabilitate and stabilize the economy by undertaking currency reform, raising producer prices on export crops, increasing prices of petroleum products, and improving civil service wages. The policy changes are especially aimed at dampening inflation and boosting production and export earnings. During 1990-2001, the
economy turned in a solid performance based on continued investment in the
rehabilitation of infrastructure, improved incentives for production and
exports, reduced inflation, gradually improved domestic security, and the
return of exiled Indian-Ugandan entrepreneurs. Ongoing Ugandan involvement in
the war in the In 2000, GDP: purchasing power parity - $30.49 billion (2002 est.) / real growth rate: 5.5% (2002 est.) / per capita: purchasing power parity - $1,200 (2002 est.) / composition by sector: agriculture: 43%; industry: 19%; services: 38% (2001 est.) Population below poverty line: 35% (2001 est.) Household income or consumption by percentage share: lowest 10%: 4%; highest 10%: 21% (2000) Inflation rate (consumer prices): 0.1% (2002 est.) Labor force: 12 million (2001 est.) / by occupation: agriculture 82%, industry 5%, services 13% (1999 est.) Budget: revenues: $959 million / expenditures: $1.04 billion, including capital expenditures of $NA (FY98/99 est.) Industries: sugar, brewing, tobacco, cotton textiles, cement / Industrial production growth rate: 6.3% (2002 est.) Electricity: production: 1.928 billion kWh (2001) / production by source: fossil fuel: 0.9%; hydro: 99.1%; other: 0% (2001); nuclear: 0% / consumption: 1.62 billion kWh (2001) / exports: 174 million kWh (2001) / imports: 1 million kWh (2001) Oil: production: 0 bbl/day (2001 est.) / consumption: 8,750 bbl/day (2001 est.) Agriculture: products: coffee, tea, cotton, tobacco, cassava (tapioca), potatoes, corn, millet, pulses; beef, goat meat, milk, poultry, cut flowers Exports: $476 million f.o.b. (2002 est.) / commodities: coffee, fish and fish products, tea; gold, cotton, flowers, horticultural products / partners: Belgium 16.2%, Netherlands 13.7%, Germany 7.5%, Spain 5.5%, Hong Kong 4.9%, US 4.6%, UK 4.3%, Italy 4.1%, Portugal 4.1% (2002) Imports: $1.14 billion f.o.b. (2002 est.)
/ commodities: capital equipment, vehicles, petroleum, medical supplies;
cereals / partners: Debt - external: $2.8 billion (2002 est.) / Economic aid - recipient: $1.4 billion (2000) Currency: Ugandan shilling (UGX) Exchange rates: Ugandan shillings per US dollar - 1,797.55 (2002), 1,755.66 (2001), 1,644.48 (2000), 1,454.83 (1999), 1,240.31 (1998) Fiscal year: 1 July - 30 June Source: CIA - The World Factbook - (http://www.cia.gov/cia/publications/factbook/geos/ug.html) Useful Contacts Registrar of Companies Privatization Unit
Communications House Uganda Tourist Board Immigration Department Uganda National Chamber of
Commerce and Industry Uganda Manufacturer’s
Association
For further information,
please contact: Uganda Investment Authority |
