Museveni pitches Uganda’s business agenda in visit to UAE

President Museveni has urged businessmen in the United Arab Emirates (UAE) to come and invest in Uganda.

During a meeting with his guests in in Abu Dhabi on Monday, the President said Uganda offers many business opportunities in Uganda which come with investment incentives offered by his government.

The President, who arrived in the country on Sunday on a three-day visit, on Monday began holding several high-level meetings with investors and leaders in the United Arab Emirates (UAE) as well as attend the Abu Dhabi Sustainability Summit on matters of climate and social-economic development.

Through his Twitter handle, the President said the discussions revolved around Uganda’s need for value addition to the raw materials produced in the Pearl of Africa.

“Held meetings with various investors and friends of Uganda upon my arrival in Abu Dhabi, UAE. I discussed with them our needs for value addition, available incentives and pro-business conditions. I am happy that they see the potential of doing business with us,” he tweeted in part.

On various fora, the President has often stressed the need for value addition, especially to agricultural products such as Coffee, maize and leather.

He also proffered his gratitude to the business community in Abu Dhabi, saying they are ready to do business with Uganda.

“I am happy that they (investors in Abu Dhabi) see the potential of doing business with us (Uganda),” he tweeted.

Mr Museveni also met the President of UAE, Sheikh Mohamed bin Zayed Al Nahyan, and ruler of Abu Dhabi to discuss several issues.

This is Mr Museveni’s first cross-border official visit this year and his priorities are not so different from those presented in his trip to Vietnam, which he undertook last month.