Type Private Products Sugar | Founded 2016 | |
Key people Sarbhjit Singh RajimaExecutive Director | ||
Hoima Sugar Limited (HSL), also Hoima Sugar is a sugar manufacturer in Uganda, the third-largest economy in the East African Community.
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Location
The company headquarters and factory are located on an 8,000 acres (3,237 ha) estate in Kiswaza Village, Kiziranfumbi sub-county, Hoima District, approximately 31 kilometres (19 mi) southwest of Hoima, the nearest large city and location of the district headquarters. The coordinates of the factory are 1°15'09.0"N, 31°11'36.0"E (Latitude:1.252490; Longitude:31.193326).
Overview
The company is a medium-sized sugar manufacturer, established in 2016, with production capacity of 1,500 metric tonnes daily. The factory had signed up 450 out-growers as at May 2016, with that number expected to grow to 2,000 by 2017. The total work force at the company is projected to grow to 5,000, once all systems are operational. A thermal power co-generation facility is planned. The total investment is calculated at US$42 million.
Ownership
The business is owned by Rai Holdings. The family-owned group has a 70 percent shareholding in Kinyara Sugar Works in neighboring Masindi District and also owns West Kenya Sugar Limited, and Sukari Industries both in Kenya.