Assessing the impact of land markets on land investments

Abstract

Agriculture is the major economic activity carried out in Uganda as it employs more than 62% of her population either directly or indirectly. Basing on this fact, agriculture has been prioritised as a major sector which would help to elevate her economic status from lower income status to middle income status by the year 2020 through different programmes for example NAADS, and infrastructural development. However, despite all this effort by the government her ambitions to attain middle class income status by 2020 seems to still be a far cry as stated by minister of finance during the 2019-2020 budget speech. So, this research oughts to find out the role land markets have played in hindering the goal of attaining middle income status through assessing the impact of land markets on land investment singling out agriculture. From data obtained from questionnaires administered, interviews and data from national databases, it is shown that land markets have had an impact on agricultural investment as approximated by: - 1) Relationship between capital and land markets. 2) Assessing factors in land markets that affect land investments agriculture in particular. In conclusion, the research discovered that there is still dead capital (underutilisation of land as a atural resource) on land due to deficiencies' in the land market as observed that ny people ntend to trigger this capital through mortgaging such that they can invest more in commercial griculture but the bottle necks in the land market system hinder them. The government should therefore priorities streamlining the land market before it can call on vestors to invest in commercial agriculture and industrialisation.