The Company’s Legal Form
The Equator Line Culture and Sculpture Park (Equator City) will trade under Equator Line Centre Ltd., a limited liability company registered in Uganda on the 1st June 1995, under Section 16 (1) of the Companies Act of the Government of Uganda. The Authorized and Paid-up capital of the Company is U.Shs. 1,500,000,000/-, divided into 1,500,000 shares with a nominal value of U.Shs. 1,000/- per share.
The project’s Principal Promoter is a Norwegian Entrepreneur Mr. Rino Solberg. Rino Solberg is an experienced International inventor and entrepreneur who has in his career established businesses in Norway, Japan, USA and Germany, and build agencies in 20 countries. He is also a well known author, publisher and lecturer in the field of leadership, sales, quality management and personal development.
Rino Solberg has been in Uganda nearly every year for the past 25 years and has obtained good contacts with many of the ministers, and personally knows many of the government officials in the country, as well as many of the top leaders in private businesses. He has, as a consultant, helped more than 85 of the first Ugandan companies to get their ISO 9000 Quality System Certification through his Ugandan company Total Quality Management Ltd. He also has an excellent understanding of the culture of Uganda, and has several times met the President of Uganda, Yoweri Museveni.
Board of Directors
The current Board of Directors of the Company consist of three members:
Mr. Rino Solberg – Chairman/Managing Director (Norwegian) Mrs. Julie Solberg – Director (Norwegian) The Company Secretary is Mrs. Julie Solberg, a Norwegian with more than 15 years of experience in running different businesses in Norway and Uganda. She presently run several businesses in Uganda, and is the wife of Mr. Rino Solberg.
In addition, an expert committee will be established in Uganda comprised of people from tourism and business, and members of the Ministry of Tourism representing the government.
These experts will contribute in a positive way from their respective areas in order to keep ahead of developments in this field.