By Shamim Saad
The Uganda Investment Authority (UIA) welcomed a delegation from the United Arab Emirates (UAE) led by Ashah Nabbanja, First Secretary at the Ugandan Embassy in the UAE. The visit focused on identifying investment opportunities in priority sectors, including Agriculture, Pharmaceuticals, Oil and Gas, Tourism, and Trade.
Speaking during a meeting held at UIA’s 7th floor boardroom on Wednesday 02, July, Rita Nabateregga, Deputy Director for Investment Promotion at UIA, noted that the Authority’s promotion strategy is guided by Uganda’s National Development Plan, which prioritizes value addition and job creation through industrialization.
“Agriculture remains our leading sector, employing over 60% of Ugandans. There’s immense potential for value addition in key crops such as coffee, cocoa, and tea, as well as in fisheries and livestock,” she said.
She added that UIA facilitates investment by offering free land in designated industrial parks (subject to availability) and operating a One-Stop Centre that consolidates services for business registration, licensing, and permits, helping reduce bureaucracy and save investors time.
Nabateregga urged prospective investors to work closely with UIA from the start to ensure access to accurate information and guidance. She also highlighted the value of partnerships with local players to reduce risks and fast-track success.
Nabbanja commended UIA’s efforts and reiterated the UAE’s interest in strengthening ties. “It’s a pleasure to lead this agricultural mission to UIA. We aim to foster partnerships and support our investors and private sector in better understanding Uganda’s export processes,” she said.
The visit marked another step toward strengthening economic cooperation between Uganda and the UAE.
ENDS..
Bottom of Form
