Evelyn Anite, Uganda’s state minister of Finance for Investment and Privatization, has applauded Chint Electric for its growing investment in Uganda’s industrial sector, citing its transition from importing electrical products to manufacturing them locally.
Speaking during a recent inspection of Chint’s operations, Anite praised the company for contributing to job creation and economic development through its local production of switches, prepaid meters, electrical cables, and plans to expand into LED, smart, and traditional lighting products.
“What’s important is the jobs they are creating for our people and the taxes they are paying,” Anite said.
“Chint has so far invested over $18.24 million in Uganda, generating over 500 direct jobs. Previously, Uganda imported home appliances worth approximately $3 million (Shs 10.6 billion) annually. With Chint now producing locally, that number is expected to drop as more affordable, locally-made alternatives become available.
Harry Mugisha, the marketing manager at Chint Electric, said the company is already producing over 300,000 prepaid meters annually, although the local market alone may not absorb the full capacity.
“We are intentional about manufacturing. The Ugandan market is just one part of our strategy, we are planning to expand distribution to other countries in the region,” Mugisha said.
