Uganda Development Corporation (UDC) – Kampala – Uganda

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Africa Business (Only African) Category: GOV. DEP. & POI and MINISTRIES & DEPARTMENTS & PUBLIC AGENCIESAfrica Business (Only African) Tags: Development, Government, Kampala, Public, Uganda and Uganda Development Corporation (UDC)

  • Profile

    UDC aims to invest in sectors of the Ugandan economy that are perceived to be high risk or are deemed not to be attractive by the private sector (local and foreign) especially when it relates to large infrastructure and industrialization projects either due to high initial capital requirements, resource constraints or low returns in the immediate future and yet provide a strategic bridge that would foster private sector developments due to minimized risk. The investments by UDC are not restricted to any particular sector of the economy or geographical region of the country or asset class.

    Government Policy 

    In the performance of its functions, the UDC consistently follows  the Government policy on industrial and economic development. The Uganda Development Corporation Bill 2014 when passed into Law by Parliament shall establish the Uganda Development Corporation as a body corporate with perpetual succession and a common seal; to promote and facilitate the industrial and economic development of Uganda; and for related matters.

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