Uganda Investment Authority (UIA) has acquired a total of 78.2 hectares of land at Oraba, in Koboko district for the development of Oraba Industrial park which lies at the Ugandan border with South Sudan and DRC.
The Minister of State for Finance in charge of Investments Hon. Anite Evelyn together with a team from Uganda Investment Authority (UIA), officials from the National Planning Authority (NPA), Koboko district and municipality leaders kick-started the process of feasibility study on the titled land in the villages of Ropoli, Lokajo, Drabara and Kakanya in Oraba parish.
The Minister said Oraba Industrial park is one of the 22 Industrial Parks she was tasked to establish across the country in a bid to attract more investors and create jobs for Ugandans.
It is strategically located in an area that is suitable for investors targeting to manufacture goods for Uganda and export to DR Congo, South Sudan and Central African Republic among other regions.
She urged Uganda Investment Authority (UIA) to expedite the process of constructing the industrial park.
Among the factories to be set up at Oraba industrial park are;
-A sunflower cooking oil processing plant,
-A textile factory since the land is very fertile for cotton growing,
-A biscuit factory,
-A motorcycle assembling plant since a lot of motorcycles are imported.
Some Investors from Thailand have already also shown interest in establishing a soap manufacturing factory at Oraba industrial Park.
All these ventures will create jobs for the locals especially the youths in the district and other parts of the West Nile region.