Uganda Ready For Business with Midlands
Uganda Convention-UK (UCUK)in conjunction with the Uganda High Commission UK; along with strategic partners to include: Black Country, Greater Birmingham & Solihull Local Enterprise Partnership, Coventry and Warwickshire Local Enterprise Partnership (Growth Hub), Worcestershire Business Central will be holding their first joint investment and export promotion conference in the West Midlands on the 9th May 2017 at the prestigious West Bromwich Albion Football Club, The Richardson Suite, The Hawthorns, West Bromwich, West Midlands, B71 4LF from 9am to 4pm.
This event will enable delegates to;
Learn about Uganda’s attractiveness as an investment destination and trading partner, Gain detailed profiling of sector investment and trading opportunities, Benefit from dedicated one-on-one business discussions with the High Commission’s staff, Expand their network of contacts and business associates, Uganda enjoys a unique location at the heart of Sub-Saharan Africa within the East African region and lies astride the equator. Uganda is a land-linked, bordered by Sudan in the north, Kenya in the east, the United Republic of Tanzania in the south, Rwanda in the southwest and the Democratic Republic of Congo in the west.
This land linked position, gives the country a strategic commanding base to be a regional hub for trade and investment with a high rate of return on investment in the industrial sector.
Uganda offers exporters and investors with a wealth of opportunities. With a population of 41 million (Feb 2017) and GDP Growth of 5.8% (proj. 2017), coupled with Pivotal Regional Trade partnerships: East African Community (5 member states), Great Lakes (4 member states), COMESA (19 member states) – exporters have an access to this critical market of 489 million.
The Top prospect sectors for U.K. exports to Uganda include are Agro-Processing, Farm and Construction Equipment; Oil Production Technologies; Power Generation; Renewable Energy Technologies; Manufacturing Equipment; Information and Communication goods and services.
Key sectors for investment in Uganda include:
- Value addition: Foods and drinks
- Renewable Energy
- Mining & Minerals
- Transport and logistics
- ICT and Education
Benefits for British businesses exporting to Uganda include:
- Stable, liberalised economy
- Strong natural resource base
- Government commitment to private sector growth
- Low cost skilled workforce
- Attractive investment policies
- Investment incentives and security with profits repatriation, re-export support schemes.
- Access to neighbouring countries & regional markets like COMESA and the East African Common Market which has a market of over 160 million consumers and total GDP of USD 147.5 billion (2015).