Minister of Lands and Housing Hon. Daudi Migereko to address the 4th Ugandan Convention in UK on 13th Sept 2014.

Hon. Daudi Migereko will join the main panel which will discuss among others Exploring Uganda’s Economic Potential and how investors and Ugandan Diasporas can take advantage of the vast investment potential in the housing sector.

 

The Uganda Convention in UK is now the largest Ugandan gathering in Europe attracting more than 2000 delegates designed to promote Uganda as a favoured investment destination in East Africa. The Expo offers participants – private individuals and companies large and small – the opportunity to access Uganda’s lucrative market. This year’s “Theme: ‘Uganda is open for Business’ will focus on and contribute to the economic empowerment of the Ugandan community through a trade and investment Expo.

Why you must not miss these opportunities in the Ugandan Housing sector.

 

The current housing deficit in Uganda stands at approx. 1.6 million housing units.

 

Uganda has right now over $450 million worth of investment opportunities in the housing sector!

 

 

  • The Ministry of Lands, Housing and Urban Development has developed several housing projects in the medium term. The major ones include:
  • Public Service Housing for Public Servants both Institutional and for Direct sale to Public through Public Private Partnership (PPP)
  • The slum redevelopment projects
  • Mulago doctors village for doctors and medical workers – 40 acres to build about 2500 housing units and commercial complex
  • Teachers houses to be built at various sites and schools
  • The Direct Purchase Housing Scheme for public servants and individuals

 

 

Why create quality housing?

Create affordable vibrant and well planned settlements for public servants and individuals

Act as an incentive and motivation for health workers and teachers to provide better services

Contribute to GDP through creation of employment and development of a large number of industries which produce building materials

Development of a vibrant real estate sector

 

The Government of Uganda is looking today for developers/investors to provide enterprise, concessional funding and appropriate construction technology.

 

The Government of Uganda supports   investments to the sector by way of:

 

  • Providing enabling policies laws, and regulations to facilitate investments in the sector
  • Securing Land rights & Security of tenure for investors and individuals
  • Providing funds for physical and social infrastructure
  • Providing tax incentives for construction equipment for the sector
  • Providing serviced Land for big investments (Thru UIA,ULC,DLBs), and facilitates negotiations with private land owners

 

 

Return on investment

 

Many investors have found investment in real estate sector in Uganda viable and profitable with attractive returns.

Depending on the source and cost of capital, the viability and investment returns can be accurately determined.

 

 

Other opportunities for investors

 

There are numerous new opportunities involving partnerships with institutions, districts, private companies and individuals in real estate development, management and mortgage services.

 

New urban centers are being planned arising out of oil, gas and mineral discoveries plus new sites for power production. These all present attractive investment opportunities

 

If you have a business that is involved in any aspect of the construction and housing sector, this is your golden opportunity to grow your business exponentially. Uganda will make it happen for you!

 

Other business leaders will share insights on investing in Telecoms, Banking and Finance, Education, Infrastructure Development, IT, Transport, and many other sectors.

 

Let the figures speak for themselves: the past three Conventions have attracted more than $5million in direct investment in Uganda, including substantial philanthropic contributions.

 

Join us on the day and meet the people who can truly transform the business landscape of Uganda.

Become part of this amazing development!

 

The Ugandan Convention UK 2014 is an event truly not to be missed!

…and of course, join us at the after-party to get a taste of true African culture, music and dance!

DATE: Saturday, 13 September 2014 | TIME: 09.30 – 19.00
VENUE:
Troxy, 490 Commercial Rd, E1 0HX London UK

Register now: www.ugandanconventionuk.org

 

Isabelle Gravenstein
Operations Director-Uganda Convention-UK
M: 07737666724
Convention’s Facebook: facebook.com/ugandan.conventionuk
Email: info@ugandanconventionuk.org

Book your ticket online @ www.ugandanconventionuk.org

 

The Ugandan Convention UK 2014: an event not to be missed!

 

About the Convention

The Uganda Convention UK’s vision is to harness the tremendous skills, expertise and knowledge base of the Ugandan Diaspora with a view to promote socio-economic and infrastructural development in Uganda. The Uganda Convention provides a platform for exchanges of ideas and networking to Ugandan Diasporas on matters of common interest and concern to them. It also aims to help the Government of Uganda to better understand and appreciate the expectations of the Ugandan Diaspora community from the land of their ancestors and more importantly, acknowledge the important role played by them in Uganda’s efforts to acquire its rightful place in the community of nations.

 

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