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Kiyonga urges Ugandans in Korea to invest back home

Uganda is pursuing an ambitious plan to grow its economy to $500 billion by 2040, a target Kiyonga said will require increased investment in infrastructure, energy, industrialisation and the private sector.

Second Deputy Prime Minister Dr Crispus Kiyonga while addressing the Ugandan diaspora in Seoul ahead of the Uganda–Korea Trade and Investment Meeting scheduled for September 6–10, 2026. (Courtesy)
By: John Musenze, Journalist @New Vision

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Second Deputy Prime Minister Dr Crispus Kiyonga has urged Ugandans living in South Korea to invest their capital, skills and technology back home to support the country’s economic transformation.

Kiyonga made the call while addressing the Ugandan diaspora in Seoul ahead of the Uganda–Korea Trade and Investment Meeting scheduled for September 6–10, 2026.

He said Ugandans abroad have an important role to play in Uganda’s development by investing in productive sectors and transferring skills and technologies acquired while working and living abroad.

Kiyonga, who heads the Ugandan delegation to Korea, conveyed greetings from President Yoweri Museveni and commended Ugandans in Korea for maintaining ties with their country and contributing to national development.

Uganda is pursuing an ambitious plan to grow its economy to $500 billion by 2040, a target Kiyonga said will require increased investment in infrastructure, energy, industrialisation and the private sector.

“We want Ugandans abroad to be partners in this transformation by investing their resources and bringing home the skills and technologies they have acquired."

He urged the diaspora to look beyond individual remittances and explore opportunities that can generate jobs, expand production and strengthen Uganda’s competitiveness.

Ugandan diaspora in Seoul ahead of the Uganda–Korea Trade and Investment Meeting. (Courtesy)

Ugandan diaspora in Seoul ahead of the Uganda–Korea Trade and Investment Meeting. (Courtesy)


(Courtesy)

(Courtesy)



Uganda’s Ambassador to Korea, Tophace Kaahwa, said the diaspora should take advantage of opportunities in agro-business, tourism, mineral development, science, technology and innovation.

Kaahwa described Ugandans abroad as an important component of the country’s economic and commercial diplomacy, saying their networks and experience could help create stronger links between Uganda and South Korea.

The engagement was held as Uganda and Korea prepare to deepen trade and investment cooperation through the Uganda–Korea Trade and Investment Meeting, organised in partnership with the Korea International Trade Association (KITA).

Government is also seeking to strengthen coordination with Ugandans abroad through a comprehensive Diaspora Policy, with emphasis on investment, skills transfer and technology exchange.

According to the Ugandan Embassy in Korea, more than 650 Ugandans are currently living in South Korea, making the community an important link between the two countries as Uganda seeks to attract investment, expand trade and accelerate economic transformation.

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