Kassanda North MP Patrick Nsamba said that the legislation will ease the implementation of the Buy Uganda, Build Uganda policy formulated by government to promote the consumption of domestically produced goods.
Parliament has granted leave to the Kassanda North MP Patrick Nsamba to introduce a bill seeking to promote Ugandan goods, services and industrialists.
The objective of the private member's bill entitled "The Local Content Bill, 2017" is to guarantee priority and exclusive use of locally manufactured goods and services in all projects where government is party.
Nsamba said that the legislation will ease the implementation of the “Buy Uganda, Build Uganda policy" formulated by government to promote the consumption of domestically produced goods. The policy came as one of the strategies to support the development of the private sector to become an engine for growth and development.
Nsamba also seeks to challenge the provision of incentives to foreign investors, arguing that the trend that has exposed Ugandan manufacturers to unfair competition and had adverse effects on the economy.
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Soroti Municipality MP Herbert Ariko says that the absence of law on local content has escalated unemployment levels in the country saying that several jobs are now taken up by foreigners.
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Michael Werikhe, the state minister for trade welcomed the initiative.