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13
April

Investment Priorities

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In the five year plan (GTP), the government prioritized areas for investment particularly in the manufacturing and agriculture sectors where the investors interested to engage are privileged for various types of incentives.
The priority areas in the manufacturing sector includes,

  • Textile industry
  • Leather industry
  • Sugar industry
  • Cement industry
  • Steel and engineering industry
  • Fertilizer industry
  • Caustic soda and soda ash industry
  • Soap and detergent industry
  • Paper and paper products industry
  • Plastic industry
  • Rubber tree
  • Pharmaceutical industry
  • Agro-processing industry

The priority areas in the agriculture includes,

  • Food crops such as cereals, pulses and oil crops
  • Beverage crops such as large scale commercial coffee production, coffee roasting, grinding and packing for international market, large scale commercial tea production, modern tea blending and packing,
  • Horticulture such as fruits and vegetables, herbs and cut flowers
  • Cotton (there are about 322,000 hectares of land suitable for cotton production)
  • Sugar cane plantation and sugar processing
  • Apiculture such as honey and beeswax production,
  • Rubber and palm tree plantation
  • Bio-fuel production, potentially from jatropha, palm oil and castor oil for bio diesel; sugar cane,  sugar beet, potatoes and corn for ethanol
  • Livestock farming which includes cattle, sheep, goats, poultry, camels, and equines. The  opportunity ranges from animal fattening, animal feed processing, meat processing and export  abattoir for chilled and frozen meat.
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