Colas UK is a UK subsidiary of French civil engineering firm, Colas Group, and local construction company SBI. This project, a Transport infrastructure firm will be supporting the construction of a new airport in Kabaale following a largest ever UKEF loan to an African government.
Tanya Jeffrey (Turner & Townsend) and Lars Peter Jensen, Area Manager, Uganda Colas Limited will be sharing an investor’s perspective and sharing best practices in investing in Uganda at the 2018 UK-Uganda Trade and Investment Convention (UCUK), which will take place on the 15th of September at the Troxy Arena-London, under the main theme “Driving Trade, Unleashing Investment and Enhancing Economic Development: The Gateway to Ugandan Markets”.
UK Export Finance’s largest ever loan (€270 million) to Uganda government will help finance the construction of a new international airport in the Kabaale region of Uganda. This will become the country’s second international airport, opening access for the delivery of equipment, materials and services. By enabling vital work to be carried out on large-scale infrastructure and energy projects planned in the area, the airport will have significant long-term benefits for the country’s developing economy and energy independence. A second phase of development is planned to improve the airport’s capacity to support tourism and international trade at a later stage.
This is the first major project in Uganda supported by UKEF, which offers UK-government backed loans to overseas buyers in support of UK exports. UKEF’s finance will help support work on the construction of the runway, taxiway, cargo terminal and other necessary infrastructure to be undertaken by the UK arm of infrastructure firm Colas UK.
Director of Strategic Projects at Colas UK, Carl Fergusson, said, with huge untapped natural resources, rapid urbanization and attractive demographics, the requirement for investment in infrastructure to support continued regional development is clear, and this aligns well with the outward looking international element of the Colas Ltd strategy which seeks to expand our activities in East Africa. Colas are delighted to have been awarded this significant project.
Colas is an award-winning business, delivering sustainable solutions for the design, building and maintenance of global transport infrastructure. It is part of the world-leading
Even with uncertainty on the construction of an oil refinery in Hoima, Uganda is proceeding with plans for the construction of a second international airport.
The Kibaale International airport will be situated adjacent to the site of the proposed oil refinery for which government in 2011 acquired 29 square kilometres of land across 13 villages in Hoima.
The airport will facilitate the transportation and movement of logistics and personnel in the oil industry during the upcoming development and production phases.
The Hoima airport is also part of the Civil Aviation Authority master plan – which also includes the development of airports in Arua, Pakuba and Kasese – aimed at stimulating the air transport industry and facilitating travels to support tourism and trade in the country.
UK-Uganda Trade and Investment Convention (UCUK) is a resourceful platform for businesses looking to expand to Uganda (East Africa), export products, or set up overseas operations. If you want to take your business into some of the world’s most lucrative countries or exciting emerging economies, then this is the only show you will need to attend.
Uganda offers exporters and investors lots of opportunities. With a population of about 38 million people, GDP Growth of 5.8%, coupled with Pivotal Regional Trade partnerships: East African Community (5 member states), Great Lakes (4 member states), COMESA (19 member states) – exporters have access to this critical market of 489 million.
Of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service mistakenly believe there is inadequate a global demand for it. That is why we are offering you a free conference to help you network and meet experts from Uganda to widen your knowledge and network of contacts and business associates.
For 2018, the event’s organisers have pulled out all the stops to provide the show’s most outstanding, export-focused line-up of advice, speakers and exhibitors.
Here is information on everything you will find at UK-Uganda Trade and Investment Convention;
- Suppliers offering you the exact tools and services you need to expand overseas
- Expert industry-leaders ready to share exclusive insights on how to reach new markets
- 1-2-1 Advice Sessions
- Focus on vertical markets; including the retail, manufacturing, international e-commerce and technology sectors
- Expert speakers
For any further information please contact: Willy Mutenza, Chairman, | Uganda Convention-UK Whattsup +447950 285 493 | T: (+44) 207 237 7317 | M: (+44) 7790 647089
W: www.ugandanconventionuk.org E: firstname.lastname@example.org