PROJECT

Projects

Summary of Proposed Investment

Project Number

29274

Company Name

ROOFINGS LIMITED

Date SPI Disclosed

May 18, 2010

Country

Uganda

Industry

Manufacturing

Projected Board Date

Jun 21, 2010

Status

Completed

Sector

Other Steel Products (Including Wire, Metal Sheets etc.)

Department

Gbl Ind, Manufact, Agribus & Services

Environmental Category

B - Limited

Previous Events

Approved : Jun 29, 2010
Signed : Feb 7, 2011
Invested : Dec 23, 2011

Project Description

Roofings Limited (“Roofings”), the largest Uganda-based manufacturer of steel building materials, is implementing a 3-phase expansion program setting up a (i) Wire Galvanizing Plant; (ii) Hot Rolling Mill Complex and; (iii) Cold Rolling Mill Complex, all together the “Project”. The Project will be implemented over 4 years (2009-12), under the Roofings subsidiary Roofings Rolling Mills Limited (“Sponsor” or “RRM”), a Uganda-based subsidiary of Roofings. Upon Project completion, RRM is expected to produce and sell steel construction materials (such as galvanized wire, high tensile reinforcement bars, cold rolled coils, galvanized iron coils and pre-painted galvanized iron coils) for both the local and export markets.

Sponsor / Cost / Location

Development Impact