MAY 25, 2010: Museveni to Meet Investors At Round Table

Museveni to Meet Investors At Round Table
SOURCE: The New Vision
By Vision Reporter

Kampala — A group of investors and businessmen will meet in Kampala tomorrow to advise President Yoweri Museveni on how to make Uganda a competitive investment destination and increase its market share in international, regional and local markets.

The Presidential Investor Round Table meeting, the fifth of its kind, will be attended by Cabinet ministers and permanent secretaries whose mandate directly affects investment.

The group includes some of Uganda's most eminent businessmen who advise the President on what conditions need to be met to increase investment.

The bi-annual meeting will focus on agricultural production and value-addition, competitiveness in business, transport and logistics, e-government, the creative industry, as well as petroleum.

investment state minister Aston Kajara noted that since its initiation in 2003, the meeting has made several recommendations to the Government on reforms, which were being implemented.

"The continuation of this forum is, therefore, an indication of the success of the roundtable sessions," Kajara said at a press briefing at the Media Centre yesterday.

He listed some of the achievements as the implementation of the first phase of the national backbone infrastructure and commencement of the national identity card project.

Kajara said the Government had set up a department to promote small and medium scale enterprise development at the Uganda Investment Authority.

In the mineral and petroleum sector, the minister said the Government had set up the Uganda Petroleum Institute in Kigumba, which started operating in March.