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@chimpreports Mon, 05 Feb 2024 10:41:57

OIL: Uganda Targets $5bn Per Annum from Kabalega Industrial Park

The Hoima-based Kabalega Industrial Park (KIP) will contribute about $4.9bn per annum to the national Gross Development Product (GDP), Uganda National Oil Company (UNOC) revealed on Monday afternoon. Uganda Eyes  KIP, which sits on a 25.97 square meter expansive land, is among UNOC’s key midstream projects. “Preliminary economic modeling by UNOC of KIP, with its …

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