The government has approved a service fee of $1.5 (approximately 5,560 Ugandan shillings) per square meter of land per year for investors establishing factories and related facilities at the Kabalega Petrol-Based Industrial Park in Hoima District.
According to Minister for ICT and National Guidance Chris Baryomunsi, the fee was proposed by the Ministry of Energy and Mineral Development and approved by the cabinet.
The park, located next to Kabalega International Airport, will be managed by the Uganda National Oil Company (UNOC) and is expected to attract investments in petroleum products and byproducts, as well as other industries.
The park will feature Uganda’s second international airport, a crude oil export hub, oil refinery, and petrochemical and fertilizer industries.
The government acquired 29.57 square kilometers of land for the park’s development, which was handed over to UNOC in 2018.
By Olivia Nabaggala
9th April 2025
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