By David Rupiny

The Uganda-United States Investment Forum has taken place at the Ritz-Carlton Hotel in Washington, D.C., in the United States.

Opening the forum, the Minister of State for General Duties, Henry Musasizi, said, “It is a pleasure to be here to discuss business, investment, and opportunities that would make all of us more prosperous,” said the Minister.

The minister said Uganda has a bold national goal: to grow the economy tenfold by 2040 and reach a GDP of $500 billion.

“We want partners in investment, trade, tourism, and technological upgrading to achieve this strategic goal,” he said, adding that Uganda has inexhaustible opportunities in Agro-industrialisation, Tourism, minerals, and the entire extractive sector, Science & Technology, and in infrastructure development.

The Permanent Secretary and Secretary to the Treasury, Dr. Ramathan Ggoobi, presented to the investors reasons why Uganda is the best investment destination. He said Uganda has been ranked the best investment destination in Africa, adding that Uganda has the lowest macro risk in the region but with the highest return on investment.

“Uganda offers peace, easy taxes, and a tolerable administration of justice, not forgetting having the best weather and climate”, he said.

(Follow the link for the video)

https://x.com/mofpedU/status/2044057569488966094

The Attorney General, Kiryowa Kiwanuka, said Uganda is open for investment and business, emphasizing that the environment is very favourable.

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