160 likes | 286 Views
FDI TRENDS AND PROSPECTS IN LAND LOCKED DEVELOPING COUNTRIES: OPPORTUNITIES AND CHALLENGES – THE CASE OF UGANDA. BY: PROFESSOR MAGGIE KIGOZI, EXECUTIVE DIRECTOR, UIA. F DI inflows to Uganda (1990 – 2007). Year FDI m$ 1990/00 (avg) 82 2002 185
E N D
FDI TRENDS AND PROSPECTS IN LAND LOCKED DEVELOPING COUNTRIES: OPPORTUNITIES AND CHALLENGES – THE CASE OF UGANDA BY: PROFESSOR MAGGIE KIGOZI, EXECUTIVE DIRECTOR, UIA
FDI inflows to Uganda (1990 – 2007) Year FDI m$ 1990/00 (avg) 82 2002 185 2003 202 2004 295 2005 380 2006 400 2007 368 Source: WIR 2008, UNCTAD
Top Ten FDI Sources TOP TEN MAJOR SOURCES OF FDI BY INVESTMENT (1991 – 2007) • United Kingdom • Kenya • India • UAE • South Africa • Canada • USA • China • Egypt • Pakistan
Sources of Investment in Uganda 00-07 Source: UIA Database
Challenges to Investment • 2005 • Exchange Rates • Corruption • Interest Rates • Inflation • VAT • Income Tax • Customs Duty • Tax Policy • Availability of Power • Corporate Tax • 2004 • Cost of Finance • Macroecon. Inst • Corruption • Electricity • Tax Admin. • Tax Rats • Anti-competitn • Skills-Workers • Customs & regu • Theft & disorder • Land access • Labour regulatn • Licence/permits • 1996 • Electricity • Tax Policy • Tax Administration • Cost of Finance • Access to Finance • Utilities • Bureaucracy/ Corruption • 2001 • Access to Finance • Tax Admin. • Bureaucracy/ Corruption • Transport • Tax Policy • Lack of Incentives • GOU Discriminatory Interventions Sources: UIA Investor Surveys, FIAS Report 2003 Investment Climate Assessment Uganda 2004 & FPC Survey 2005
Constraints • Infrastructure • Access to Finance • Administrative Barriers
Why Uganda for your Business? • Resource Rich • Productive, competitive labour • Markets
Uganda’s Strategic Location in the Heart of Africa MARKET Uganda - 30*million East Africa - 125* million Great Lakes Region- 190* million COMESA - 23 member countries - 400 million people. - Imports over US$ 170 billion annually. AGOA EU – Preferential Treatment of Exports *Source: CIA World Fact Book - Estimates UGANDA
The 21st Century Belongs to Africa • Leaders • Vision • Strategy • Plan • Land • Human Resource • Tourism • Agriculture • Minerals • Infrastructure
Priority Sectors • Manufacturing • Transport / Infrastructure/Logistics • Agriculture • Energy • CDM • Mining • Petroleum • ICT • Services – Health, Education, Financial services • Tourism
Main Challenge – Infrastructure Opportunities Abound!
Uganda Investment Authority Twed Plaza - Plot 22B, Lumumba Avenue P.O. Box 7418, Kampala Uganda Tel.+256-(0)414-30-10-00 Fax +256-(0)414-34-29-03 www.ugandainvest.com info@ugandainvest.com THANK YOU!