It was an admission from sector players that such industries across the country continued to lower in their production processes only but barely managing 50% of their installed capacities with repo effect to GDP growth. “The industry accounted for 19.6% lower than the target we had set at 27.4%. We thought by the end of the Financial Year 2016/2017, industry would be contributing 27.4% but only contributed 19.6%.” Said, Dr. Kisamba Mugerwa – C/M, National Planning Authority.

But with internal growth and National aggregate demand still subdued, A steam less fund purposely targeting production for exports worthy of trillions of shillings out of special zones could assist in jump starting the economy according to some quarters. “We have mapped the country to see which areas are suitable for establishment of free zones and for what purpose. Now those areas need to be supported by the government by putting up the necessary infrastructure in form of water, roads, electricity, and sewage disposal and so on.” Said, Dr. Fredrick Kiwanuka – C/M, Free Zones Authority. However, at the domestic entrepreneurial level, the requirement for state intervention in promoting the linkage of production, industry, value addition and export would now be of enhanced focus.

“A t least for starters 500 billion of the export development fund and we channel it to production for export and then we see how we move. You need to think about 50% of the investment in the next three years and then afterward you scale it down.” Said, Dr. Elly Twineyoo – ED, Export Promotion Board.