President Yoweri Kaguta Museveni has held a meeting with a delegation of Egyptian investors at State House, Entebbe.
The delegation was led by H.E Dato Arshad Mahmood, the Chairman of the International Investment Consortium Inc.
During the meeting, the President warmly welcomed the group, emphasizing the crucial link between business success and robust infrastructure such as roads, railways, and water systems.
President Museveni also highlighted Uganda’s wealth of raw materials, including diverse agricultural products, abundant electricity, and ample capital.
He emphasised the country’s need for entrepreneurship to capitalise on its abundant resources and favourable weather conditions.
Enthusiastically discussing Uganda’s potential, the President showcased the vast market opportunities, boasting a population of 46 million Ugandans, 300 million East Africans, and access to a potential 1.5 billion consumers across Africa through the Continental Free Trade Area (CFTA).
President Museveni further assured the Egyptian investors of existing trade arrangements with major partners, including China, the European Union, and the United Arab Emirates.
In response, H.E Dato praised President Museveni’s leadership and expressed the investors’ commitment to contributing to Uganda’s economic growth through substantial investments.
