Cotton and Textile Processing
Project Description
PROJECT DESCRIPTION:
The Ministry of Agriculture, Animal Industry and Fisheries seeks an investor to set up a cotton and textile processing factory. The project will address the cotton sub-sectors production, value addition, marketing, and quality control constraints.
The national average yields of cotton seed have increased from 625 kg/Ha in 1994 to 1250 kg/Ha in 2010, while yields of 3,750 kg/Ha have been achieved on the rich volcanic foothills of Mt. Rwenzori. Cotton is one of Uganda’s priority sectors and all cotton seed is handpicked, which preserves the intrinsic quality of the lint.
PROJECT LOCATION:
Uganda, Lyatonde /Nakaseke
LEAD AGENCY/ PROJECT PROMOTER:
Uganda Investment Authority
CURRENT STATUS/ STAGE OF PROJECT:
Greenfield
ACTIONS REQUIRED/ IMPLEMENTATION ARRANGEMENTS/ CONTRACT TYPE:
Private
AVAILABILITY OF PRE-FEASIBILITY STUDIES, FEASIBILITY STUDIES, AND OTHER STUDIES:
Feasibility study complete
ESTIMATED COST OF THE PROJECT:
USD 27 million
INVESTMENT REQUIRED
USD 27 million
REMARKS:
There is huge potential to increase the country’s production since 2/3 of arable land is suitable for cotton cultivation.
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Country
Uganda
Location (s)
Lyatonde District/ Nakaseke District
Sector
Manufacturing & Industry
Sub Sector
Textile and Garments
Investment Value Range
25-50 million USD
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