Uganda’s Prime Minister Robinah Nabbanja assures UAE investors of full government support. In a high-profile meeting held in the UAE this week, Nabbanja pitched Uganda as a lucrative destination for foreign direct investment, emphasizing government-backed incentives, tax breaks, and regulatory ease.
“Uganda is open for business! We guarantee a supportive investment climate with incentives that will ensure success for all investors,” Nabbanja told potential investors.
Uganda’s pivot to UAE-based investors is no coincidence. The UAE is a global financial hub, and Uganda is keen to tap into its deep capital reserves.
With Uganda’s booming oil sector, expanding manufacturing industry, and fertile agricultural potential, the country presents a goldmine of investment opportunities.
Nabbanja’s message was clear and strategic inviting investors fund transport networks, power plants, and oil production projects since Uganda is positioning itself as a regional industrial hub with tax breaks for large-scale manufacturers.
She cited the breathtaking landscapes and a growing hospitality sector and that the government is seeking foreign developers to boost tourism infrastructure.
While Uganda is rolling out the red carpet, investors still need clarity on issues like land security, policy stability, and corruption risks. The government, however, has promised full legal and political backing to all UAE investors.
Following Nabbanja’s assurance, UAE investors are expected to visit Uganda for feasibility studies.
