Bachelor of International Business Management

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https://scholar.ucu.ac.ug/handle/20.500.12311/81

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Browsing Bachelor of International Business Management by Author "Emmanuel Ogwal"

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    Challenges Faced by International Real Estate Companies in Developing Countriesꓽ A Case Study of Uganda
    (Uganda Christian University, 2023-09-26) Emmanuel Ogwal
    This study explores the challenges encouraged by international real estate companies operating in Uganda, a developing country in East Africa. It investigates the impact of the political environment, cultural differences, and the broader environmental context on these company's operations. The research draws upon a content analysis methodology, utilizing secondary data from various sources, including articles, journals, and online references. The political environment in Uganda, characterized by land reforms and political stability, significantly influences land acquisition and operational efficiency for international real estate companies. Cultural differences, such as collectivism and communication styles, underscore the importance of building relationships and local adaptability. Uganda’s diverse natural environment presents opportunities but requires careful environmental planning. The complex regulatory framework governing land ownership poses challenges that necessitate meticulous compliance efforts. To address these challenges, recommendations are provided, including the importance of building strong relationships with local stakeholders conducting due diligence, investing in infrastructure development, and advocating for improved transparency in land administration systems. This research contributes to a better understanding of the multifaceted challenges faced by international real estate companies in Uganda and offers practical insights for navigating this dynamic market. It is valuable for policymakers, investors, and researchers seeking to enhance the contributions of real estate companies to sustainable urbanization and economic development in developing countries.