FY2026/27 Budget Opens New Investment Opportunities as UIA Reaffirms Support for Investors
By Shamim Saad
The Uganda Investment Authority (UIA) has reaffirmed Uganda’s position as a premier investment destination in Africa, highlighting the vast opportunities created by the FY2026/27 National Budget and the Government’s continued commitment to fostering private sector growth.
UIA made the remarks during the FY2026/27 Post-Budget Dialogue and Exhibition organized by the Civil Society Budget Advocacy Group (CSBAG) at Hotel Africana on Friday, June 19, 2026 under the theme, “Unlocking Investment and Economic Opportunities in the FY2026/2027 National Budget.”
The dialogue brought together government officials, development partners, investors, civil society organizations, and private sector players to examine how the national budget can accelerate investment, stimulate economic growth, and unlock opportunities across Uganda’s priority sectors.
Speaking at the event, the Director Investment Promotion and Business Development at UIA, Peter Muramira, noted that the FY2026/27 Budget marks a new phase in Uganda’s economic transformation agenda, anchored on the Government’s Tenfold Growth Strategy.
He explained that increased investments in commercial agriculture, industrialization, digital transformation, infrastructure, and market expansion are creating a strong foundation for sustainable economic growth and private sector development.
Muramira emphasized that Uganda’s strategic location at the heart of East Africa, investor-friendly policies, and access to regional and international markets continue to make the country an attractive destination for investment.
He further noted that the FY2026/27 Budget demonstrates Government’s commitment to creating an enabling environment for business through enhanced support for tourism, industrialization, infrastructure development, and the extractives sector.
Reaffirming UIA’s role in facilitating investment, Muramira said the Authority remains committed to supporting investors throughout their investment journey.
“We are committed to supporting investors throughout their investment journey. Through our One Stop Centre, we provide information, facilitate licenses and approvals, assist with project implementation, and offer aftercare services to help businesses establish, grow, and succeed in Uganda,” he said.
Muramira added that Uganda is well positioned for increased investment as the country prepares for transformative opportunities including First Oil, AFCON 2027, and accelerated industrial growth. These developments are expected to create new prospects across tourism, manufacturing, infrastructure, extractives, technology, and services.
He further noted that UIA stands ready to work with investors and partners to translate these opportunities into successful ventures that create jobs, boost exports, and contribute to Uganda’s socio-economic transformation.
In his opening remarks, Adam Sparre Spliid, Deputy Ambassador of the Royal Danish Embassy in Kampala, commended CSBAG for organizing the dialogue and exhibition, emphasizing the importance of citizen engagement in public finance.
“Citizens need to know where the Government is investing the resources in,” he said.
Representing the Ministry of Finance, Planning and Economic Development, Hannington Ashaba, Director Budget, highlighted Uganda’s economic resilience, noting that the country has maintained steady growth despite global economic shocks.
Ashaba observed that the record UGX 84 trillion FY2026/27 budget is projected to support economic growth of 10.2 percent, reflecting Government’s commitment to sustaining economic expansion and development.
Meanwhile, CSBAG Executive Director Julius Mukunda described the FY2026/27 National Budget as more than a spending plan, calling it an investment roadmap for Uganda’s future.
“The focus now shifts from allocations to opportunities, how citizens, businesses, and investors can benefit from government investments,” Mukunda said.
The dialogue concluded with a renewed call for collaboration among Government, the private sector, development partners, and citizens to ensure that budget investments translate into tangible economic opportunities and inclusive growth for all Ugandans.
ENDS.
