The Bank supports viable projects in the industrial sectors on competitive terms with an aim of catalyzing industrialization process in the country, with the view to transform the economy to a modern and industrialized status that can sustainably generate enough industrial outputs to satisfy domestic, regional and foreign markets; and rapidly increase per capita incomes to improve the living standards of Ugandans.
The focus in this area is to support import substitution and local content value-addition by financing construction of factory warehouses, purchase/acquisition of equipment & machinery in various industries including; paper-making & printing, manufacture of packaging and wrapping materials, manufacture of chemical & industrial products, manufacture of construction materials, manufacture of pharmaceutical products for human & animal drugs, manufacture of electricals among others.
The objective of the Bank in supporting the manufacturing sector is to catalyze the process of industrialization in the country with the view to transform the economy to a modern and industrialized status that can sustainably generate sufficient industrial outputs that satisfy domestic, regional and foreign markets; and rapidly increase per capita incomes to improve the living standards of Ugandans.
The objective of the in supporting the mineral based industry sector is through targeting cottage, small, medium and large size industries. The specific interventions will seek to address the above challenges with the view to improve the industrial base of the country and increase the value of industrial exports to total exports. Sustainable Industrialization approaches will be a cross cutting issue as the Bank pursues its industrialization agenda and priorities will be on supporting sustainable industries such as those that are not material intensive, those that use energy efficient technologies and those that demonstrate circular production processes among others.