Real Estate and Real Estate Development

Uganda in general and the greater Kampala region in particular has a shortage of available accommodation. The emergence of a middle class and the recent availability of long term finance offered by some of the retail banks in the country provides for very interesting investment opportunities. Additionally there is a large interest in housing in Uganda from the many Ugandans living in the Diaspora wanting to invest in their country of origin.

Education

Out of a total of 26.8 Million Ugandans more than 60% are below the age of 18. The government has launched a Universal Primary Education (UPE) programme resulting in an increasing number of children finishing primary education and looking for places in secondary schools. Uganda’s middle class generates an increasing demand for education in private schools offering better facilities than the government run schools. Additionally more and more Ugandans want to go to university after finishing their A-Levels leading to an overcrowding of the state universities who have to finance the shortfalls in government funding by taking fee paying private students. Apart from this there is a large number of Ugandans who would benefit from good vocational institutes and from training courses at all levels, be it after primary, O-Level or A-Level studies. Every segment of this sector offers investment opportunities with possible returns within the range ‘LVEAC’ envisages.

Telecommunications, IT and Related Industries

The telecommunications sector in Uganda will open up in the second half of this year with the disappearance of the existing monopoly. This opens up numerous possibilities for investment in innovative (for the region) products that require little or no development. The IT and related industries, as preferred partners, will benefit from this when it comes to the implementation of new telecommunication services.

Infrastructure Projects

Uganda as a country is still underdeveloped when it comes to infrastructure. The recent decision of the G8 to abolish the foreign debts of the country should in the near future open up investments in this sector. Even though these are often government projects, there is a substantial privatisation exercise going on which should open up opportunities for 'LVEAC' to come in as a passive investor.