Museveni, Kagame To Woo Global Investors at UK Summit


pills geneva; font-size: small; line-height: 150%;”>President Yoweri Museveni of Uganda alongside his counterparts, visit the Presidents of Rwanda, Ghana and Tanzania have already confirmed their participation at the event expected to host over 400 private sector investors seeking public and private partnership investment opportunities in Africa.

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As part of the preparations, Prime Minister Amama Mbabazi on Tuesday received Mr. Paul Sinclair the Events Coordinator and Amanda Basi the Events manager, to discuss the preparedness of Government and the key investment opportunities in the areas of energy, oil and gas, agriculture and infrastructure development.

Mbabazi said Government is putting together viable projects in a format that adheres to international standards to enable potential investors make concrete decisions on preferred areas of investment.

“Our focus is on power generation. We need sufficient power to promote industrialisation,” Mbabazi said adding that Government is committed to promoting investment in the country.

Mbabazi was flanked by the Minister of Works and Transport, Abraham Byandala, Minister of State for Minerals, Peter Lokeris and the Minister of State for Animal Industry, Bright Rwamirama who highlighted the possible investment opportunities in their respective sectors.

Some of the investment opportunities in the energy sector include partnerships for developing large and small hydro projects and development of thermal projects using gas and heavy fuel oil.

The Minister of State for Minerals said there are many investment opportunities in the gas, oil and minerals sectors adding that Government intends to develop these resources in partnership with the private sector in a sustainable manner.

The Agricultural sector has vast opportunities in the area of agricultural financing, agro- processing, post-harvest handling, mechanisation of agriculture and provision of water for production among others.

The Minister of Works and Transport, Abraham Byandala highlighted opportunities in developing regional transport infrastructure projects such as roads and railways in addition to constructing an airport and roads in the Albertine region and the tourist areas.

The meeting was also attended by the Executive Director Uganda investment Authority Dr.Frank Ssebowa who rooted for the active participation of the Uganda Private sector players at the Global African Investment summit.


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