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WHY YOU SHOULD INVEST IN WEST NILE

1. THE LOCATION FACTOR

– West Nile is strategically located in the North-Western part of Uganda bordered by South Sudan and the Democratic Republic of Congo.

– The region lies at a confluence of commerce and cultural diversity offering access to the markets of eastern DRC, South Sudan and the Central African Republic markets.

– Due to a history of instability the neighbouring countries are relatively underdeveloped therefore largely rely on West Nile for commerce

– Purchasing and Processing hub for minerals and resources from neighbouring countries lacking in infrastructure

2. NATURAL RESOURCES

– There is availability of natural resources in the region

– Arable land, tropical weather

– Resources such as gold, diamonds, diamante, limestone, timber and oil (early exploration)

– Little exploitation of the resources has taken place

– Resource flow from across the borders

– Raw materials for industry & manufacturing

3. LABOUR FACTOR

– High literacy levels

– Availability and variety of labour; skilled labour & unskilled

– High productivity of labour

– Numerous technical schools

– Increasing computer literary

– Low Cost of labour

– Influx of refugees

– Strong cultural and linguistic affinity with Europe

4. POPULATION FACTOR

– The West Nile region has a population of over 3 million people and growing at a rate of 3.4% per annum

– This is more than countries like Gambia, Djibouti, Comoros, Swaziland, Mauritius, Guinea Bissau, Gabon, Namibia, Mauritania and Botswana.

– The population is expected to double in the next 15 years due to improvement in healthcare services, education levels as well as the influx of refugees

– This increase in population is expected to compound the already high demand for infrastructure, housing, education, leisure and other social services

– Over 75% of the population is under 40 years, therefore, expected demographic dividends

5. INFRASTRUCTURE FACTOR

– The West Nile region is expected to benefit from the ongoing actualization of the national & regional infrastructure plan which details;

– Upgrading of the road infrastructure, market, Hospitals, Stadium are ongoing etc

– Development of 600MW Dam at Karuma falls at a cost of US$1.4 Billion. Currently over 90% complete.

– Upgrading of Arua Airfield into an international airport in Arua the regional capital of West Nile.

– Development of Railway line to link West Nile to Mombasa the Coast of Kenya which is part of a greater regional infrastructure development plan

6. POLITICAL STABILITY

– Democratic governance

– 30 years of political stability

– Strong government institutions and presence across the entire region

– Strong rule of law

– High law enforcement & Respect for law

– Pro-Business Leadership

– Friendly & Welcoming people (high numbers of refugees)

Report

What do you think?

Written by A'ita Jaffer Joel

An Infrastructure Consultant, Entrepreneur and Motivational Speaker. CEO Joadah Consult

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