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Finance Minister Pledges Support For Manufacturers

Finance Minister Pledges Support For Manufacturers

Finance Minister Henry Musasizi has pledged continued Government support for manufacturers as Uganda strengthens local production, value addition and exports.

The Minister made the commitment during a visit to Roofings Group’s newest facility at the Kampala Industrial and Business Park in Namanve ahead of the inauguration of the ultra-modern Cold Rolling Mill Complex.

The $125 million facility, with an annual production capacity of 150,000 tonnes, will manufacture Pickled Coils, Cold Rolled Coils, Aluminium-Zinc Coated Coils and Colour Coated Coils, expanding Uganda’s capacity to produce higher-value steel products for local and regional markets.

musasizi

The Minister said Government will continue engaging EAC Partner States on taxation and other trade measures to promote a free, fair and uniform regional market.

Roofings currently has a total production capacity of 625,000 tonnes per annum. In 2025, the company reported Shs 400 billion in value addition, Sh191.2 billion in tax contributions and Sh229.6 billion in exports, while supporting 2,224 jobs. Its flat steel manufacturing operations contribute 54% in value addition, among the highest levels in Uganda’s high-value steel manufacturing sector.

The Chief Executive Officer and Chairman Roofings Group Sikander Lalani outlined plans for an integrated iron and steel project and a clinker and cement value-addition project.