National Enterprise Corporation
Encyclopedia
The National Enterprise Corporation (NEC) was established in 1989 by an Act of Parliament
of Uganda
, soon after the victories of the National Resistance Army
and the National Resistance Movement
in the Luwero War
, as the commercial arm of the army of Uganda. The NEC is a state corporation with extensive involvement in the economy of Uganda
. Its activities include agricultural, manufacturing
, healthcare, service industry and defense industry
projects and companies. The current managing director of the NEC is Colonel (Rtd) Fred Mwesigye.
Head offices
are located in Kampala
.
Act of Parliament
An Act of Parliament is a statute enacted as primary legislation by a national or sub-national parliament. In the Republic of Ireland the term Act of the Oireachtas is used, and in the United States the term Act of Congress is used.In Commonwealth countries, the term is used both in a narrow...
of Uganda
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
, soon after the victories of the National Resistance Army
National Resistance Army
The National Resistance Army , the military wing of the National Resistance Movement , was a rebel army that waged a guerrilla war, commonly referred to as the Luwero War or "the war in the bush", against the government of Milton Obote, and later that of Tito Okello.NRA was supported by Muammar...
and the National Resistance Movement
National Resistance Movement
The National Resistance Movement , commonly referred to as the Movement, is a political organization in Uganda.Until a referendum in 2005, Uganda held elections on a non-party basis. The NRM dominates parliament, however, and is expected to continue to do so. The presidential elections of 12 March...
in the Luwero War
Ugandan Bush War
The Ugandan Bush War refers to the guerrilla war waged between 1981 and 1986 in Uganda by the National Resistance Army against the government of Milton Obote, and later that of Tito Okello.-Events leading to the war:Following the Uganda-Tanzania War that removed Idi Amin in 1979, a...
, as the commercial arm of the army of Uganda. The NEC is a state corporation with extensive involvement in the economy of Uganda
Economy of Uganda
Endowed with significant natural resources, including ample fertile land, regular rainfall, and mineral deposits, it is thought that Uganda could feed the whole of Africa if it was commercially farmed. The economy of Uganda has great potential, and it appeared poised for rapid economic growth and...
. Its activities include agricultural, manufacturing
Manufacturing
Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...
, healthcare, service industry and defense industry
Defense industry
The defense industry, also called the military industry, comprises government and commercial industry involved in research, development, production, and service of military materiel, equipment and facilities...
projects and companies. The current managing director of the NEC is Colonel (Rtd) Fred Mwesigye.
Head offices
Office
An office is generally a room or other area in which people work, but may also denote a position within an organization with specific duties attached to it ; the latter is in fact an earlier usage, office as place originally referring to the location of one's duty. When used as an adjective, the...
are located in Kampala
Kampala
Kampala is the largest city and capital of Uganda. The city is divided into five boroughs that oversee local planning: Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division and Lubaga Division. The city is coterminous with Kampala District.-History: of Buganda, had chosen...
.
Major subsidiaries
- NEC Construction Works and Engineering - constructionConstructionIn the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...
and engineeringEngineeringEngineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...
work for civilian sector and military sectorDefense contractorA defense contractor is a business organization or individual that provides products or services to a military department of a government. Products typically include military aircraft, ships, vehicles, weaponry, and electronic systems...
including barracksBarracksBarracks are specialised buildings for permanent military accommodation; the word may apply to separate housing blocks or to complete complexes. Their main object is to separate soldiers from the civilian population and reinforce discipline, training and esprit de corps. They were sometimes called...
and housingHouseA house is a building or structure that has the ability to be occupied for dwelling by human beings or other creatures. The term house includes many kinds of different dwellings ranging from rudimentary huts of nomadic tribes to free standing individual structures... - Luwero Industries - manufacture and repair of ordnance, armored vehicles, electronics equipmentElectronicsElectronics is the branch of science, engineering and technology that deals with electrical circuits involving active electrical components such as vacuum tubes, transistors, diodes and integrated circuits, and associated passive interconnection technologies...
, agricultural equipment - NEC Farm Katonga - cattle ranching
Joint venture
- Ugiran Company - a joint ventureJoint ventureA joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...
of NEC and Iran Tractor Manufacturing CompanyIran Tractor Manufacturing CompanyIran Tractor Manufacturing Company is a tractor manufacturing company with headquarters in Tabriz.-History and development:Based on an agreement that was reached in 1966 between Iran and Romania to establish a tractor manufacturing company in Iran, the company was created in Tabriz in 1968...
(ITMCO) - NEC Health World Pharmaceuticals - joint ventureJoint ventureA joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...
with Healthworld Group; pharmaceuticals, diagnostic productsDiagnosisDiagnosis is the identification of the nature and cause of anything. Diagnosis is used in many different disciplines with variations in the use of logics, analytics, and experience to determine the cause and effect relationships...
, mosquito nets - National Security Forces Holdings - cementCementIn the most general sense of the word, a cement is a binder, a substance that sets and hardens independently, and can bind other materials together. The word "cement" traces to the Romans, who used the term opus caementicium to describe masonry resembling modern concrete that was made from crushed...
, steel sheetsCorrugated galvanised ironCorrugated galvanised iron is a building material composed of sheets of hot-dip galvanised mild steel, cold-rolled to produce a linear corrugated pattern in them...