Type Military parastatal | Founded 1989 | |
Industry Manufacturing, pharmaceuticals, and agribusiness Headquarters Plot 58, 6th Street
Industriail Area
Kampala, Uganda Key people Beatrice Wabudeya
chairperson
James Mugira
managing director
Michael Ondoga
co-deputy managing director
Moses Ddiba Ssentongo
co-deputy managing director Products Guns, bullets, grenades, bombs, medicines, diagnostic kits, cement, and iron sheets | ||
The National Enterprise Corporation (NEC) is a state-owned corporation in Uganda. It is the commercial arm of the Uganda People's Defence Force (UPDF). NEC was established in 1989 by an Act of the Parliament of Uganda. Its investments and activities include agriculture, manufacturing, healthcare, services, and defense industry projects and companies.
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Location
The headquarters of NEC are located at Plot 58, 6th Street, Industrial Area, in Kampala, the capital and largest city of Uganda. The coordinates of the company headquarters are 00°19'04.0"N, 32°36'08.0"E (Latitude:0.317778; Longitude:32.602223).
Major subsidiaries
The major subsidiaries of NEC include the following:
- NEC Construction Works and Engineering Limited - Involved in construction and engineering work for the military and civilian sectors, including the construction of barracks and civilian houses.
- Luwero Industries Limited - Manufactures and repairs armored vehicles, electronic equipment, ordnance, and agricultural equipment.
- NEC Tractor Hire Scheme Limited - At the time it was established, the objective was to procure tractors and plows and lease them to farmers at sub-county level. The project has had mixed results.
- NEC Farm Katonga - Located in Kisozi Village, Gomba District, on a piece of land measuring 26 square miles (17,000 acres), with over 8,000 head of cattle.
Joint ventures
The following are joint ventures between NEC and non-Ugandan entities.
- UgIran Company Limited - Founded in 2008 in Kampala to manufacture and assemble tractors using licensed Massey Ferguson designs. These would be built from Complete Knocked-Down kits (CKD) delivered from ITMCO's Iranian factories. UgIran is a joint venture between Iran Tractor Manufacturing Company (ITMCO) (60 percent) and NEC (40 percent).
- NEC Health World Pharmaceuticals - This is a joint venture with HealthWorld Group. Manufactures pharmaceuticals, diagnostic products, and mosquito nets.
References
National Enterprise Corporation Wikipedia(Text) CC BY-SA