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Hon ruth nankabirwa presentation

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  • 1. Presentation by Hon Ruth Nankabirwa, Minister of State Fisheries Hon Ruth Nakabirwa started her address by assuring investors that as the former minister of defence, Uganda is very safe, stable and no more insurgences in Northern Uganda. She said in all parts of Uganda one can enjoy the peace and security which is a major element for investors. “Uganda feeds her people and has the potential to be the fruit basket of the world.” Hon Nankabirwa noted She informed delegates that Uganda has a unique agro economic location lying right at the equator and has both tropical and temperate climate. She said there is a rising demand in domestic, regional and international markets for agricultural commodities. She added that since Uganda is a member of bigger markets, the East Africa community, COMESA and others, this indicates that a vast market exists.“The legal framework is in place, the micro-economic and macro-economic frameworks are very conducive for investment in addition to the supportive research, technology development in areas of plant and stocking materials for crops, livestock, fish and animal biotechnology which exist.” She shared. Hon. Nankabirwa informed delegates that availability of land is another opportunity for agriculture mechanisation with plenty of fresh water for irrigation, fish and farming. She listed the huge amount of fresh water inland as in Lake Victoria, Lake Albert and Lake Kyoga, all of which are suitable for agriculture. She outlined potential areas of investment as follows: Cotton, Cocoa, Coffee, and Tea, with high returns being realised on marketing and processing of instant Coffee, Chocolate and branding of Uganda Tea. She said the government has initiatives to boost the capacity of Coffee growth and they are also planting 100,000 seedling of Coffee per region. The sector of fruits and vegetables were also identified as virgin areas for local, regional and international markets, including processing by adding value. Floriculture, providing packaging materials and opportunities. green house facilities were also highlighted as areas of Hon. Nankabirwa continued, “Grain, which includes Maize, Rice, and Wheat can be processed into food and byproducts like feeds for animals.” She added that honey processing is another opportunity where the local market is vibrant as people have discovered the benefit of taking honey rather than sugar. The Minister identified other areas as, starch from Cassava and other by-products which with value addition can be packed for international market. She referred to Lord Sheikh’s speech where he talked about bananas and that we need investors to take advantage and make products out of bananas like banana wine, juice and banana fibrewhich can be used for textiles. Turning to livestock, Hon. Nankabirwa said Uganda is producing only 1.8 billion litres of milk annually and this can double with their investment as there are huge opportunities in processing and adding value to the by-products. She gave an example of Uganda exporting animals to Sudan rather than exporting beef and have the by-products for other value addition. The last area she talked about is Fisherysector, which she said presents vast opportunity. She informed delegates that Uganda is now licensing investors to get plots on Lake Victoria to carry out cage farming and are encouraging establishment of aqua culture park, which will be a village comprising of ponds, hatcheries and cold-rooms.This will enable those adding value to have a one stop point for their processing plants. She said Uganda needs investors who can look beyond fish processing and set up plants to develop other byproducts of fish like making Omega3 from our organic fish.
  • 2. She concluded her presentation by pointing out the challenges faces as; sustainability of quantity to international markets, quality and international standards assurance, inadequate flow of market and production information and lack of accessible finance to enable export facilities. Hon Nakabirwa finally invited investors to Uganda to take advantage of the opportunities in the agriculture sector.