Busoga Sugar Processing Factory
The corporation is partnering with Busoga Sugar Processing Factory through equity financing. This factory located in Luuka district is into sugar processing, using sugarcane as the main raw material and the major product is brown sugar with the capacity of 1,250TCD/day for both domestic and global markets.
The prospected socio economic benefits include;
- Provision of employment to the local community,
- Source of revenue to local and central government,
- Source of income
- Foreign currency inflows through export of products.
- Skills development for the employees in technical and management aspects.