KAMPALA, UGANDA: The Permanent Secretary and Secretary to the Treasury (PSST), Ministry of Finance, Planning and Economic Development, Ramathan Ggoobi, has said government finds positives from Tirupati Group’s business model of small-scale industrial parks like Tirupati Business Park in Kyebando.
The business park located along the northern bypass offers SMEs and small-scale manufacturers with office space, warehousing and space to start their factories and manufacturing.
“These small-scale industrial parks create a plug-and-play kind of stalls where different investors can come in and just start doing business instead of getting money to invest in buying land and building,” Ggoobi said.
Ggoobi, in the company of Senior Presidential Advisor, Moses Byaruhanga, said the government is going to have a conversation with the Tirupati family on how to take up forward the small-scale industrial parks as a business model.
Uganda has established a number of industrial parks Kampala Jinja, Soroti, Mbale, Kasese, Mbarara, Kapeeka, Buikwe and Fort Portal to give entrepreneurs a place to operate without any disturbances and with various amenities to support their work.
The most notable industrial parks are Kampala Industrial and Business Park (KIBP), Namanve, Luzira Industrial and Bweyogerere Industrial Parks.
The parks, according to Uganda Investment Authority have created over 42, 000 jobs directly and over 60, 000 jobs indirectly.
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