By David Rupiny

A high-level delegation of Chinese investors is in Uganda with the primary objective of exploring and fostering investment opportunities in key sectors, as outlined in the Government’s Tenfold Economic Growth Strategy that aims to increase the country’s GDP from the current 68 billion dollars to 500 billion dollars by 2040.

The sectors in the ATMS framework are Agro-industrialisation, Tourism, Mineral-based Industrial Development, and Science, Technology, and Innovation.

The delegation comprises potential investors, coffee buyers, and industry stakeholders keen on identifying raw materials, establishing value-added industries, and forging strong B2B partnerships with their Ugandan counterparts.

The visit is expected to generate measurable trade and investment outcomes and significantly strengthen the economic ties between Uganda and China.

The delegation has visited the Kampala Industrial and Business Park, where Uganda Investment Authority’s China Desk Officer, Adam Mutebi, commended Chinese investors for investing across various sectors.

The delegation toured the 2,200-acre industrial plant, currently home to 480 factories, with many others under construction or in the pre-start stage. The factories include those making products like plastics, roofing, iron and steel, textiles, oil and detergents, and fabrication equipment manufacturing.

The delegation is visiting various places, including coffee investments and industries set up by Chinese investors across Uganda.

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