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INVESTMENT
OPPORTUNITIES
IN SOUTH SUDAN FOR
UGANDANS
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
OUTLINE OF THE PRESENTATION
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
General information about South Sudan Background.Progress made since CPALegal and Economic Framework Investment opportunities in South Sudan Challenges Advantages of Trading with South Sudan.Uganda’s Benefits from Trade with South SudanRecommendationsConclusion
MAP OF SOUTH SUDAN
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Uganda
GENERAL INFORMATION ABOUT SOUTH SUDAN
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Official name: Government of South Sudan Total Area : 644.329.38Km2 Capital city : JubaNature of City dwellers: Cosmopolitan Composition: Ten States Boarders: Seven Countries Currency: South Sudan pound(SSP) Value of Currency: 1SSP=850 Ug. shillings Population: est; 8.960.490 Languages: English and Juba Arabic Return on Investments: Relatively High
BACKGROUND
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
South Sudan is our NUMBER ONE MARKET in the World
Uganda earns over 250 million USD from formal and 140 Million USD informal trade In South Sudan as annual figures
South Sudan and Uganda share a great historical relationship.
Signed Agreement Between Uganda and South Sudan- Feb 2006
Signed MoU on Trade and other trade related areas of Cooperation-2010.
GoSS launched a Private Sector Development Program
PROGRESS MADE SINCE CPA
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Political and Security situation CPA 2005 Successful Parliamentary and presidential Elections 2010 Successful Referendum 2011 Improved security situation Waiting for independence on 9th July 2011 The Security situation has greatly improved in South Sudan INVESTIMENT CLIMATE Reforms and streamlining of procedures to starting and doing
business Reform of GoSS institutions to offer efficient and transparent
services Established laws in line with good international practice that
govern private sector development Established the Ministry of Investments They established the Chamber of Commerce , Industry and
Agriculture.
LEGAL FRAMEWORK.
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Investment Promotion Act, 2009
Business entry laws
Land Act, 2009
Taxation Act, 2009
South Sudan Anti-Corruption Act, 2009
Free Market economy Private Sector Driven development Promotion of public-private partnerships Development and strengthening of SMEs Promotion of Foreign and domestic Investments.
ADOPTED POSITIVE ECONOMIC POLICY
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
SOUTH SUDAN INVESTMENT PROMOTION ACT 2009
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Repatriation of Capital, profits and dividends Guarantees against expropriation Non-Discrimination-Both local and foreign investors
can own and operate business in any sector of the economy
Special incentives on application to the Board of investments
Access to public information Protection of intellectual property rights-trade Marks,
copyrights and patents Dispute resolution
TAX AND CONCESSION INCENTIVES IN SOUTH SUDAN
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Exemptions and concessions on machinery and equipment, capital and net profits
Exemptions on agricultural imports-tools, equipment, machinery, pharmaceutical, animal feeds, seeds for boosting food and cash crop production
Land can be provided by Government and Local authorities for investment in priority sectors like General investments in agriculture other than forestry and paper wood- not exceeding 30 year for foreign investors, forestry plantation-exceed 60 years subject to renewal by mutual consent, quarrying and mining-lifespan of the quarry and the mine.
The Investors are allowed to employ foreign managers
The Investors are entitled to entry, work permits etc
INVESTMENT OPPORTUNITIES IN SOUTH SUDAN
Presented by Uganda Consulate Juba- Southern Sudan
Government of South Sudan priority and strategic sectors for investment:
Agriculture and Agro-business Physical infrastructure Social infrastructure Mining, Quarrying, Energy , electricity, Petroleum and Gas Research on mapping of natural resources for economic use Forestry Medium to heavy manufacturing industries Transport, Telecommunication, print and Electronic Media, and
ICT Commercial banking, Insurance, Property management and
financial related services. Health and Pharmaceuticals services Tourism and Hotel Industry Development Presented by Migadde Habib, Uganda Embassy Juba- South
Sudan
MINING SECTOR
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Cement Coal Gold Uranium Mercury Etc
FISHERIES SECTOR
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
• They have 13 million hectares fresh water• It has the potential for sustainable harvest for up to
300,000 metric tons of fish per year• Now, only about 30-40,000 metric tons of fish is
harvested yearly. A lot of this is destroyed and does not reach the market due to transport and preservation bottlenecks
Required Investments Fish processing factories Fish transportation facilities Fishing tools
AGRICULTURAL SECTOR
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Growing of cash crops like tea, coffee, cotton, etc Organic farming for mass production Provision of Irrigation scheme and systems Forest products-Forests and woodlands cover 29% of the total area Meat processing-Number of cattle estimated to be 10 millions Animal and chicken feeds Breeding farms Construction of standard abattoirs Poultry farming Wood work Industries-abundance of timber Diary industry-Abundance of livestock Hides, skins and leather Industry Fruit processing-Availability of variety of fruits like mangoes and
pineapples in Western Equatoria
EDUCATION SECTOR
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Private Universities Pre-Primary, Primary and secondary schools Technical/vocational institutions Schools for nurses and mid-wivesetc
CONSULTANCY
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Capacity building Health related consultancy Business related consultancy Administrative related consultancy ICT related consultancy Agricultural related consultancy Housing Consultancy Any other Consultancy service
HEALTH SECTOR
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Private Hospitals and clinics Pharmacy and pharmaceutical production
CONSTRUCTION SECTOR
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Construction Materials Labour for construction Architectural services Tiles and brick laying Any other Construction related expertise.
TRANSPORT AND INFRASTRUCTURAL SECTOR
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
CONSTRUCTION OF ROADS, HOUSING FACILITIES, MARKETS, SHOPS AND OTHER COMMERCIAL FACILITIES.
RIVER TRANSPORT REAL ESTATES PROJECTS MECHANICAL ENGINEERING FACILITIES
INFORMATION COMMUNICATION
TECHNOLOGY ( ICT)
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
All ICT gadgets and related services are required
TOURISM SECTOR
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Hotels, resturants, lodges etc Conference facilities Development of resorts Tour and travel business Horticulture and floriculture development
BANKING SECTOR
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Commercial banking services Micro-finance services Financial advisory services Accounting and auditing services.
RENEWABLE ENERGY
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Transformer and electric cabling manufacturing Supply and installations Wind power generation Exploration of hydrocarbons and petroleum Bio-fuel production Hydropower development on the River Nile and its
tributaries
CHALLENGES
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
Information distortion and un fair reports Poor roads though improving Poor Electricity Supply Problems with Conversion of Currencies. Multiple taxation Lack of storage facilities Criminal related activities starting from the source to
the market points. Limited access to information on investment related
issues in South Sudan
ADVANTAGES OF TRADING WITH SOUTH SUDAN.
Presented by Uganda Consulate Juba- Southern Sudan
Historical relationship-Uganda’s historical involvement in the liberation of South Sudan.
Proximity-Uganda is closer to South Sudan than other neighbours ,sharing borders and culture.
The market has no tarrif escalations/cascading tarrifs, techinical barriers to trade, sanitary and phystosanitary measures .
Availability of both air and road transport Higher returns on investments. Comparative advantage in agro produce and
other related services.
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
UGANDA’S BENEFITS FROM TRADE WITH SOUTH SUDAN
Increased export earnings. Increased Remittances from
Ugandans and South Sudanese Enhanced Cooperation Increased employment opportunitiesPeace and Stability
Presented by Migadde Habib Uganda Embassy Juba- South Sudan
RECOMMENDATIONS
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
• There is need for full operationalisation of the Bilateral Agreement and a Comprehensive investment strategy.
• There is need for export facilitation(export subsidies, Credit/loans to exporters, credit Guarantees etc)
• There is urgent need for orientation and sensitization of Ugandans about South Sudan.
• The access road of Gulu-Bibia has to be urgently work on to reduce on the cost of trade.
• Organised trade endeavours by both traders and Government.
• Information sharing and disemination• Ug. Government needs to lobby for more attractive
packages for Ugandan Traders.
CONCLUSION
It is important to note that there is need for a well thought Public and the private sector Comprehensive investment strategy in order to effectively exploit the enormous investment opportunities in South Sudan.
Presented by Migadde Habib, Uganda Embassy Juba- South Sudan
THE END
Contact Mr. Willy Mutenza
07790647089 in the UK or
contact Uganda Embassy, Juba-South
Sudan.
Email:
TeL: +249955503330Presented by Migadde Habib, Uganda Embassy Juba- South Sudan