The State Minister for Privatization and Investment, Evelyn Anite, on Tuesday held talks with a delegation of Chinese investors seeking business opportunities in Uganda, in a move aimed at strengthening investment ties between the two countries.
The delegation, led by Wendi Shen, comprised representatives from China’s Henan Province who are exploring potential ventures across key sectors of Uganda’s economy.
During the meeting, Anite welcomed the investors and commended Shen for mobilizing business leaders to consider Uganda as an investment destination.
She emphasized the government’s priority on value addition, particularly in the manufacturing sector, urging the delegation to establish industries that can process Uganda’s raw materials locally.
“Uganda offers a conducive environment for investment,” Anite said, noting that the country has made significant strides in improving transport infrastructure, expanding power supply, and maintaining peace and security.
She added that progressive labor frameworks and harmonized investment policies further position Uganda as an attractive destination for foreign direct investment.
The minister also highlighted a range of high-potential sectors open to investment, including minerals and mining, oil and gas, agro-industrialisation, and the pharmaceutical industry.
Shen, in her remarks, praised Uganda’s efforts in promoting itself internationally, describing it as one of Africa’s most promising investment destinations. She commended the country’s stable and peaceful business environment and pledged to encourage more Chinese investors to explore opportunities in Uganda.
The meeting underscores Uganda’s continued push to attract foreign investment as part of its broader strategy to drive industrialization and economic growth.
