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The Uganda Investment Authority (UIA) has said the upcoming meeting between President Yoweri Museveni and local investors that is slated for Thursday (November 30, 2023) at Kololo Independence Grounds is mainly intended to facilitate discussions that will help remove impediments affecting local businesses.

"One of the objectives is how the interaction with the President can yield key decisions that will facilitate and enhance the business environment in Uganda and ease doing business," Robert Mukiza, the director general of UIA said.

He added, "We are working with Private Sector Foundation Uganda (PSFU) as well as Uganda Manufacturers Association (UMA), Kampala City Traders Association (KACITA) and Uganda Small scale Industry Association to gather all the right people who can benefit from interaction with the president."

He made the revelations while speaking at the Uganda Media Centre on Thursday.

(L-R) Morrison Rwakakamba, Board Chairman of Uganda Investment Authority, Robert Mukiza, the Executive Director of Uganda Investment Authority (UIA), interacting with Evelyn Anite, State Minister for Investment and Privatization during a press conference at Uganda Media Centre on November 23, 2023. (Photo by Mary Kansiime)

According to Evelyn Anite, the Minister of State for Investment there are slots for 5,000 investors to attend, but the invite will be to businesses whose owners have formally registered them with the government.

She also emphasized that the investors must not be in trade dealing in imported commodities but those involved in manufacturing and value addition of locally sourced raw materials.

She said UIA will curate the conference and provide all the information and support needed for boosting investment and doing business in Uganda.

At the event, key ministries, departments and agencies (MDAs) will present to investors key innovations and incentives by the government to facilitate the investment.

Also expected to present are key sector associations, including Private Sector Foundation Uganda, Uganda Manufacturers' Association, Uganda Small Scale Industries Association and ICT Association of Uganda.

They will deliver their papers on the opportunities, and operational and policy issues, which will be addressed by key MDAs.

“We call upon Investors to participate in the Presidential Investor Conference by registering at www.ugandainvest.go.ug/presidentialinvestorconference,” said Anite.