President Yoweri Museveni has assured a delegation of investors from selected Arab countries of total peace and stability in the country as well as the availability of infrastructure.
The fountain of honor also assured them of the government’s support and a big market for their products not only in Uganda but also in the entire East African region whose population is over 300 million people.
“You don’t produce for Uganda only but for the market of East Africa. You have the raw material, infrastructure, stability, and peace. You can make a lot of money. I welcome you to Uganda, you will see how you will gain,” the President highlighted.
President Yoweri Museveni made these remarks on Wednesday while receiving a delegation of investors from select Arab countries who expressed interest in constructing several factories in Uganda that will not only manufacture but also provide employment to Ugandans.
This Delegation from Arab countries of Jordan, Syria, Egypt, and Iraq was led by Engineer BakeaDabaibeh of Jordanian Investment and accompanied by the Honorary Consul of the Syrian Arab Republic to Uganda Dr. TamouhMoustafa.
In his remarks, Engineer Bakea Dabaibeh the Head of the Delegation stressed their readiness to come to Uganda and open up several factories for manufacturing various products that will include among others textiles for making jean trousers within a short period of time.
“These investors are very serious, they have come to stay-they have come to work” Engineer Bakea pointed out.
Engineer Bakea also disclosed that they are willing to attract more investors to come and do business in Uganda and he further highlighted that the first phase of their investment will employ over 1,000 Ugandans which will increase as they expand.
The Honorary Consul of the Syrian Arab Republic to Uganda Dr. Tamouh Moustafa who is a practicing Dental Doctor in Kampala thanked President Museveni and the Government of Uganda for the hospitality accorded to the people of Syria who took refuge in Uganda when their country was in turmoil.
“I already appreciate the welcome of over 400 Syrian people to Uganda and the hospitality accorded to them. I appreciate your support and I thank you very much,” he said.
This meeting was also attended by the Prime Minister, Rt. Hon. Robinah Nabbanja, the Minister of Trade, Industry and Cooperatives Hon. Francis Mwebasa, the State Minister for Investments, Hon Evelyn Anite, and the State Minister in charge of Trade Hon. Harriet Ntabazi among others.