Uganda Incoming Delegation

Forty business leaders participated in the summit that discussed business opportunities in sectors like agriculture, IT and ITES, energy, leather, chemicals, plastics and tourism. The esteemed dignitaries of the UIA included Margaret L. Kyogire, Deputy High Commissioner, Uganda High Commission; Naima Obombasa, Uganda Investment Authority Board Member and Richard Nuwenyesiga, Deputy Director - Innovation, Science and Technology Development at Uganda Investment Authority. Also present were Sanjiv Ramanlal Patel, Director of Tomil Group of Companies and the oldest Indian in Uganda, and Dr. Amol Shinde, Private Secretary to Chief Minister, Government of Maharashtra and Private Secretary to Union Minister of State for Agriculture and Farmer Welfare. On behalf of GIBF, Vaishali Badle, the marketing head and manager Suvarna Gawade were present for the summit.
Ms. Margaret introduced Uganda and its investment opportunities in the country. Ms. Naima while informing about the opportunities and government schemes for foreign direct investment said that Uganda is a haven for investments.
“India has contributed significantly towards Uganda’s economic growth and development. Today, India ranks second as Uganda’s biggest source of Uganda’s FDI. We hope to attract more investments. Major areas of interest are manufacturing, agriculture, construction, real estate, healthcare and education. This should give assurance to all our brothers and sisters from India that Uganda is an attractive investment destination and we hope to attract more investment,” Ms. Naima said. She spoke about the Uganda government’s commitment in improving Uganda’s business environment with its investment security, reliable electricity, improved roads and other infrastructure developments. “These will open doors for preferential treatment,” she said. Ms. Naima assured all the support from her government to Indian investors.
Mr. Sanjiv, while speaking about his experience in Uganda said, “Uganda is a zero default country. If you invest in India, you will get the returns in two years.”