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Thousands throng Kapeeka Industrial Park Trade Fair

Peter 1st Oct, 2024 Industry PPU
Thousands throng Kapeeka Industrial Park Trade Fair

President Yoweri Museveni inspects products made by Goodwill Ltd at the trade fair. PPU PHOTO


President Yoweri Kaguta Museveni has urged communities surrounding Kapeeka Industrial Park to take full advantage of the opportunities it offers in order to market their products and boost their household incomes.

The President made the remarks while officiating the opening of a trade fair at Namunkekera Agro Processing Limited in Kapeeka, Nakaseke District, recently.

Located within the Kapeeka Industrial Park, Namunkekera Agro Processing Ltd has multiple factories focused on different aspects of agricultural processing.

  • The Park places a strong emphasis on agro-processing, leveraging the area's agricultural base to promote the transformation of raw agricultural products into finished goods.

Officials told thousands of people who thronged the park that it is serving as a hub for manufacturing and processing industries, which have led to a boost in the local and national economy by creating jobs and fostering business development.

Attracting both local and foreign investment, it has encouraged companies to set up operations in Uganda and thus contributing to economic diversification.

  • With the initiative of Presidential Advisor Gen. Salim Saleh, the establishment of the industrial park has promoted infrastructure improvements in the region, including roads, utilities, and services that benefit surrounding communities.

Given the agricultural base of the region, Kapeeka Industrial Park facilitated the processing of local agricultural products, adding value and improving food security and exports to regional markets, contributing to foreign exchange earnings and enhancing trade relations.

There are also many opportunities for skill development and training for the local workforce, helping to raise the overall skill level in the community.

President Museveni saluted Gen. Salim Saleh for his visionary foresight in securing land for investment, which led to the establishment of the industrial park, adding that it has played a crucial role in supporting Uganda's industrialization and economic development goals.

While other parks may focus on specific industries, Kapeeka hosts a range of enterprises across different sectors, providing a more diverse industrial ecosystem.

  • Kapeeka Industrial Park hosts several enterprises across various sectors, including agro-processing, manufacturing, and logistics.
  • Kapeeka Industrial Park often emphasizes collaboration with local farmers and communities, promoting sustainable practices and supporting local economies.

He also thanked the investors who responded positively to his call to invest in Uganda, recognizing their significant role in the country’s economic growth. During the event, farmers requested financial support for their SACCO amounting to UGX4.4 billion, to increase production capacity.

Vice President Jessica Alupo commended Kapeeka Industrial Park for supporting Uganda’s import substitution efforts and for creating trade opportunities. She acknowledged the investors’ contribution to economic transformation and also praised Gen. Salim Saleh for his patriotic spirit in executing the President’s vision for the industrial park.

Hon. Evelyn Anite, the Minister of State for Investment and Privatization, said Kapeeka Industrial Park currently employs over 15,000 people, mainly young people from the community.

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