Uganda’s richest man Sudhir Ruparelia on Saturday opened another state-of-the art building along the 5th street in Industrial Area, Kampala.
The building was opened by Rajiv Ruparelia, the Managing Director of Crane Management Services, a company under the Ruparelia Group where Sudhir is the Chairman.
Rajiv said that the building is a combination of a Ware House, Office block and Showroom, a style that is common in Dubai.
![](https://businessfocus.co.ug/wp-content/uploads/2018/06/Rajiv-R-interacting-with-an-official-at-the-launch-of-the-new-building.jpg)
The building has enough parking yard and sits on 1600 square meters.
Rajiv decried the high cost of construction materials due to high taxes, calling for government intervention.
![](https://businessfocus.co.ug/wp-content/uploads/2018/06/Inside-the-building.jpg)
“In order to reduce the cost of construction in Uganda we need the support of government to help us [reduce on] import duties and high VAT we spend on construction,” Rajiv said, adding: “80% of our building materials is imported [but] there is no subsidies for the manufacturing arms who are supplying the development sector.”
![](https://businessfocus.co.ug/wp-content/uploads/2018/06/Guests-were-treated-to-a-sumptuous-meal.jpg)
He said 25% import duty on imported construction materials is quite high.
In a media interview in 2016, Sudhir revealed that he had “more than 300 titles [of land] in my closet and still counting.”
![](https://businessfocus.co.ug/wp-content/uploads/2018/06/Guests-interacting-during-the-launch.jpg)
For example, he has more than 14 buildings along Kampala Road.
He valued his titles at around US$1bn (roughly Shs3.7trillion) excluding the now defunct Crane Bank.