Uganda: The country profile for business
Uganda enjoys a unique location at the heart of Sub-Saharan Africa within the East African region and lies astride the equator. The country is bordered by the Sudan in the North, Kenya in the East, The United Republic of Tanzania in the South, Rwanda in the Southwest and The Democratic Republic of Congo in the west. This land linked position, a rich natural resource base, and a very hard working and friendly population, gives the country a strategic commanding base to be a regional hub for trade and investment.
This, supported by the highly liberalized economy the government professes, allows the entrepreneurs to be as innovate as it were to create new ideas, new products, and new services to sell for profit without any government intervention. Virtually all sectors are open for investment and will be readily consumed by one of the fastest growing populations in the world.
Mutukula Regional Market (MRM) will be established to benefit from this environment, but most importantly from the EAC Common Market, whose protocol was ratified on 1 July 2010 by all the five Partner States: Burundi, Kenya, Rwanda, Tanzania and Uganda. South Sudan, DR. Congo, Central African Republic as well as the international community are the other potential beneficiaries of this gargantuan facility-the first if its kind in the country.
Within the limits of this concept, the term “Market” means a platform where vendors / consumers meet, physically or otherwise to transact business. This will include anything from penny-pinching, kiosks or small shops selling individual items to wholesale markets. They sell goods to other distributors to internet-based stores and auction sites. There are also transactions which take place entirely online where the two parties do not ever need to meet physically.
Mutukula Regional Market whose Value Proposition; is The East Africa’s one stop business centre for all your agri-business development needs in the Community, meets this definition.
The facility upon completion will have, but not limited to the following spaces;-
Stores
| Wholesale shops | Restaurants | Cottage industries |
Granaries | Fruit stalls/lockers | Open space for small retailers | Halls for seminars |
Cold rooms | Exhibition grounds | Day Care Centre | Craft stalls/lockers |
Shops | Information centre | Butchery stalls | Animal market space |
Furniture and timber | Agro Chemicals
| Garage spare shops | Hotels |
Halls for training and meetings | Recreational space | Forex Bureaus | Vehicle parking yard |
Hardware shops | Health Units | Office space | Vet shops |
Pharmacies | Car bonds | Butchery | Play grounds |