Kigozi advises on investment

Dec 01, 2004

Local leaders should identify investment opportunities, the Executive Director of the Uganda Investment Authority (UIA), Dr. Maggie Kigozi, has said.

By David Muwanga

Local leaders should identify investment opportunities, the Executive Director of the Uganda Investment Authority (UIA), Dr. Maggie Kigozi, has said.

“Since the establishment of the Uganda Investment Authority (UIA) in 1991, the Government has earned a sh6b from the 3,000 investment projects that have been licensed,” she said.

She said the projects employed 100,000 people but the number would increase when all of them were implemented.

She said this at a sensitisation seminar for Pallisa district local leaders at Lake Kyoga View Hotel on Friday.

“It is now pertinent for Pallisa to become one of the districts that attract investment. Local leaders should identify the investment opportunities so that we can market them,” she said.

She urged districts to form investment committees to identify the opportunities.

Pallisa district chairperson Bob Wasugiriya criticised some local leaders for resisting new developmental projects in their areas.

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