1. Protection of Government Property
UPHL has kept all government assets under its management without losing or selling them. Instead, the company has developed, renovated, and expanded the properties.
2. Rehabilitation of Inherited Properties
The properties that UPHL inherited from Government were in a dilapidated state at the time of handover. UPHL undertook major restoration works on all the properties, and they are currently fully occupied and attracting competitive rental income.
3. Construction of a Modern Carport in Mombasa
UPHL constructed a modern carport in Mombasa with the objective of improving the handling of vehicles imported into Uganda.
4. Promotion of Exports
UPHL facilitates exports by providing warehousing space to exporters, mainly those dealing in tea at Mombasa Port.
5. Acquisition of New Properties
In 2018, UPHL acquired two properties located in Namulonge, Wakiso District, Uganda, and Mbaraki, Mombasa, Kenya. As per the Strategic Plan, UPHL intends to acquire a new property every financial year using internally generated resources.
6. Growth of Asset Base
UPHL has been able to grow its asset base from UGX 13.5 billion in 2000 to UGX 251 billion in 2018.
7. Promoting Investments in the Country
UPHL, working with other stakeholders, has contributed to the promotion of investment mainly through the provision of land to investors, warehousing space, and factory facilities. Some of the already achieved investments include:
(a) Fine Spinners (U) Limited, manufacturing textiles in Bugolobi and currently employing 2,000 people.
(b) Grain Bulk Ltd, which is cleaning, drying, and storing cereals in Jinja.
(c) Provision of warehouses to the World Food Programme (WFP) in Nalukolongo, Kampala, and Tororo District.
(d) House of Uganda Coffee, which is processing coffee in Bugolobi.
(e) National Enterprise Corporation in Bugolobi.
8. Payment of Dividend
UPHL has consistently paid dividends to the Consolidated Fund while also making new developments.
9. Payment of Taxes
UPHL has consistently paid taxes to the Government and is up to date with all its tax obligations.
