Share:
Notifications
Clear all

How is the oil and gas sector affecting Uganda’s economy?

2 Posts
1 Users
0 Reactions
2 Views
owakasolya
Posts: 205
Admin
Topic starter
(@owakasolya)
Member
Joined: 2 months ago

How is the oil and gas sector affecting Uganda’s economy?


1 Reply
owakasolya
Posts: 205
Admin
Topic starter
(@owakasolya)
Member
Joined: 2 months ago

The oil sector is boosting the economy through:

  • Increased infrastructure development (roads, power, airports)
  • Thousands of new jobs
  • Higher foreign investment
  • Growth in transport, construction, and hospitality
  • More demand for local goods and services

The biggest revenue impact will be felt once actual oil production begins.


Reply