THE Government has built one of the most successful track records in the region in pursuing macro-economic reform, a top official said this week.
“The Government’s market-based policies have helped create an enabling environment for investors. If present initiatives in the areas of governance, infrastructure and regional stability are sustained, Uganda could become an important destination for much larger investment from local, regional and foreign sources,” Olive Kigongo, the head of the Uganda National Chamber of Commerce and Industry (UNCCI), said.
Kigongo was speaking during the Canada (Ontario) business delegation seminar at Kampala Serena Hotel on Wednesday.
She challenged the Canadian delegation to consider engaging in trade and investment with Uganda and the entire East African region.
“There are many fields in which we need to work either in partnership with Canadian investors or to allow other investors to undertake business ventures on their own,” Kigongo added.
Morrison Rwakakamba, the UNCCI executive director, said there had been a misconception about Africa’s importance in the world economy.
