UIA Newsletter Issue 2

Status of Investments Licensed from October to December 2015 (Qtr 2 FY 2015/16)

Quarter (Qr) two of financial year 2015/16 registered an increase in number of licensed projects from 86 in Q1 2015/16 to 104 in Q2 2015/16. There was a 20.9 percent increase in number of licensed projects from 86 in Q1 to 104 in Q2 2015/16. This increase was attributed to an increase in number foreign owned projects from 61 in Q1 to 71 in Q2 2015/16; and domestic projects from 24 in Q1 to 30.

A majority of the licensed projects (71) were owned by foreign investors, and these accounted for 68 percent of all the licensed projects in Q2 2015/16. This was followed by domestic companies with 30 projects which accounted for 29 percent of all licensed projects in Q2 2015/16. There was a general increase in number of local projects from 11 in in Q3 to 18 in Q4 2014/15, 24 in Q1 and to 30 in Q2 2015/16

Ownership	Q1 2014/15	Q2 2014/15	Q3 2014/15	Q4 2014/15	Q1 2015/16	Q2 2015/16	% distribution for Q2 2015/16	% change (Q1 2015/16 to Q2 2015/16)
Foreign	63	58	49	62	61	71	68	16
Joint Venture	13	12	13	2	1	3	3	200
Local	13	13	11	18	24	30	29	25
TOTAL	89	83	73	82	86	104	100	21

Source: Uganda Investment Authority Database