Contributions of multinational corporations to economic development in Uganda   

Contributions of multinational corporations to economic development in Uganda   

  • Filling the savings/investment gap.
  • Filling the manpower gap
  • Filling the technological gap/promoting technological transfer
  • Filling the foreign exchange gap
  • Increase government revenue through taxation.
  • Create employment opportunities
  • Utilize local resources hence avoidance of wastage
  • Develop local skills through training
  • Widen consumer choices through production of variety goods and service
  • Efficiency of local firms through competition.
  • Increased output hence economic growth
  • Promote friendship between Uganda and other countries (diet mutual benefit) hence increased trade1and foreign aid
  • Promote growth of the industrial sector.
  • Promote development of infrastructure
  • Increasing quality of output
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