Business 7 May 2026 Uganda Investment Authority
Massive $300 Million Cement Factory Set to Launch in Karamoja
President Yoweri Museveni is slated to inaugurate a new $300 million cement factory in Uganda's Karamoja sub-region. This significant investment is expected to boost local economy and industrial output. Source: https://ugandainvest.go.ug/new-300-million-dollar-cement-factory-opening-in-uganda
Uganda is on the cusp of a major industrial advancement with the upcoming commissioning of a substantial cement factory in Karamoja. The facility, valued at an impressive $300 million, represents a significant foreign investment poised to transform the economic landscape of the northeastern region.
President Yoweri Museveni is expected to officiate the opening of this state-of-the-art plant. The project signals a major step forward in Uganda’s efforts to enhance its manufacturing capabilities and reduce reliance on imported building materials.
Further details regarding the factory’s operational capacity and its potential impact on employment and regional development are anticipated following the official launch. This development is a testament to Uganda’s growing attractiveness for large-scale industrial investments.
Source: Uganda Investment Authority