Trade Ministry Lures Investors To Uganda
Uganda is an attractive trade & investment destination with significant benefits, Harriet Ntabazi, the Minister of State for Trade, told potential investors at the East Africa Trade & Investment Forum in Kampala.
Under the leadership of President Yoweri Museveni, we enjoy stability and democratic gains which gives confidence to investors, she told the high profile forum.
The forum under the theme “Deeper Cooperation in Trade, Tourism & Investment for Shared Global Influence” is part of the ongoing Non-Aligned Movement Summit activities.Â
Speaking at the same forum, Francis Mwebesa, the Minister of Trade, Industry and Cooperatives, revealed that the government of Uganda has set up over 20 Industrial Parks to facilitate industrialization.
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“We invite you to come and invest in the parks and also consider opening up your Greenfield industry park. Uganda Investment Authority is ready and willing to offer free land for this purpose,” Mwebesa spoke to the congregation at the forum.
The Vice President, Jessica Epel Alupo, noted that East African member states’ business community and investors should take advantage of this chance to work with foreign investors to maximize value addition, create alliances that advance standards, and further extend access to the international market.
The State Minister of Finance for Investment and Privatization, Evelyn Anite, Uganda enjoys a comparative edge over other nations due to its advantageous location, youthful & highly skilled labour force, abundant natural resources, & sizable global market of 1.3b people.
According to the Uganda Investment Authority, potential investment opportunities include Manufacturing, Value-Addition in agriculture, Mining, Pharmaceuticals, Infrastructure development, ICT, Education and Technology, Energy, Automated Industries, Real Estate, and Tourism.