Manufacturing Sector Fuels 16.5% of Uganda's Economy, UMA Reports

The manufacturing sector is a powerhouse for Uganda’s economy, contributing an estimated 16.5% to the national GDP, according to the Uganda Manufacturers Association (UMA). This vital sector not only drives economic growth but also serves as a significant source of employment and tax revenue.

Ms. Barbara Mulwana, a key figure in UMA and the Executive Director of Nice House of Plastics, highlighted the sector’s extensive reach during the launch of the 32nd Uganda International Trade Fair. She emphasized that manufacturing’s impact extends far beyond the factory floor, supporting critical value chains in agriculture, transport, finance, energy, and technology.

The upcoming trade fair, scheduled from October 2nd to 11th at the UMA Showgrounds in Kampala, is set to be a major platform for the sector. It anticipates hosting over 1,000 exhibitors showcasing a diverse range of products and is expected to attract approximately 150,000 visitors. This event is designed to foster business connections, facilitate commercial transactions estimated at Shs10 billion, and provide opportunities for manufacturers to connect with customers, suppliers, investors, and potential partners.

Furthermore, the fair will introduce the “Black Deals Initiative,” offering discounts of 20-50% on select products, and will serve as a gateway for Ugandan businesses to access regional and international markets, advanced technologies, and new production methods. This aligns with the growing integration of African economies through initiatives like the East African Community, COMESA, and the African Continental Free Trade Area.

Ms. Mulwana urged Ugandans to foster confidence in locally manufactured goods, advocating for a shift from being primarily a consumer market to strengthening the nation’s productive capabilities. She also encouraged young entrepreneurs to venture into manufacturing.

In a supportive move for industrialization, the Uganda National Bureau of Standards (UNBS) is transitioning its role from enforcement to actively supporting Small and Medium Enterprises (SMEs) in meeting quality standards and expanding into export markets. UNBS Executive Director James Kasigwa stated their new approach will involve handholding businesses to enhance their capacity and facilitate the transformation of raw materials into higher-value products.

The 32nd Uganda International Trade Fair, organized by UMA, will operate under the theme “Formalising Trade to Secure Uganda’s Economic Future.”

Source: Daily Monitor (Uganda)