Haliburg Group, one of the largest companies in the real estate, construction, education, medical and hospitality sectors in the United Arab Emirates (UAE), Asia and Europe, is set to construct two hotels in Bwindi Impenetrable Forest and Queen Elizabeth National Park, Eagle Online has learnt.
With the investment worth $120 million (Shs458.9 billion), the company is committed to establishing an industrial park in Uganda.
According to Hani Saliba, the president and engineer at Haliburg Group, the company will also establish an airline company for domestic flights.
He noted that under one of its brands, One Nature Hotels and Resorts, the company will start with the construction of hotels worth $20 million (Shs76.4 billion) and the $100 million (Shs382.4 billion) budgeted for an industrial park.
“We believe that Uganda requires an organised domestic airline, and we are here to provide that and allow growth in the hospitality industry. Uganda has tourist sites, and it can become the best tourist destination in Africa,” he said while meeting Martin Muhangyi, Director of Investment at the Uganda Investment Authority (UIA).
According to Ambassador Henry Mayega, the Consul General of Uganda in Dubai, in March, Saliba and his team met President Yoweri Museveni and shared their investment plans.
He noted that President Museveni was impressed by the plans and decision to invest in an industrial park. The company is expected to lure other companies to invest in Uganda, given the tax incentives offered to investors.
“This is a big chance for Uganda to benefit from a multibillion-dollar company willing to extend its investment in the various sectors of tourism, real estate and others,” Amb Mayega said.
Muhangyi applauded Amb. Mayega for attracting investors from the UAE and pledged to facilitate all the processes to see the company realise its investment dream.
He noted that the authority will take them through the tax incentives offered by the government of Uganda, a 10-year tax holiday for the company and free land for investment.
He said the UIA will offer them an investment license and other relevant documents, tax identification numbers and others.
