In an effort to attract tangible investment both foreign and local investors, Uganda Investment Authority (UIA) will now be dealing more with well-developed bankable projects.
This is a shift from the previous strategy which solely focused on promotion of the country’s economic potential sectors.
Speaking at the ‘Investment Opportunities in Uganda and Networking’ conference, one of the events to mark UIA’s 25 years of existence at Hotel Africana last week, UIA executive director, Mr Frank Ssebowa said
The modern investor has become more sophisticated and the old investment sector profiles are no longer adequate. We used to have a lot of sector profiles churned out yet all our neighbors have almost the same resources, climate and friendly people. We must do something different.
Read more. Source | Daily Monitor