UNCCI: Why Should Investors Consider Uganda as an Investment Destination?

Steven Kabagambe, Secretary General of Uganda National Chamber of Commerce and Industry (UNCCI), explains why investors should consider Uganda as an investment destination.

“Uganda is a country that is endowed with a lot of resources. There is a very big advantage for investors here. There is a very good political wave from the President and our leadership to attract investment and promote partnerships to industrialize the country. We have a very good climate, the best in the world. We have good temperatures. We have many rivers, lakes, fertile soils, forests, different animals and birds, etc. We also have oil and gas and gold. Most importantly, our country has already put in tax holidays for investment. We are within the center of the East African Community of countries. We are landlinked. When you position yourself in Uganda, you are already positioned to serve all of East Africa. We are surrounded by six countries. Through the East African Community integration, there is free cross border movement of goods and services from Uganda to the surrounding countries. That is a very big market. The population is also welcoming. Ugandans do not look at tribes or color. We look at trading as one of the synergies to utilize”, says Steven Kabagambe.

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