Investment opportunities and constraints: Infrastructure, utilities and financial services sectors
- Author: United Nations Conference on Trade and Development
- Main Title: Investment Policy Review - Uganda , pp 31-48
- Publication Date: June 2000
- DOI: https://doi.org/10.18356/9942a3cf-en
- Language: English
The utilities and infrastructure of Uganda suffer from such chronic under-investment, poor maintenance and poor service reliability that they now represent a severe obstacle to the conduct of business and the attraction of investment. To date these services have been provided under monopoly conditions by state enterprises, the majority of which have been poorly managed and are in disastrous financial condition. Most are now candidates for privatization, although this process still lacks strategic direction and adequate regulatory development to ensure that private ownership is properly introduced. FDI can play a significant role, although the relatively small size of Uganda's economy will make it difficult to introduce private investment in all areas.
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