British Chamber of Commerce Uganda launched

Minister of State for Finance in charge of General Duties Henry Musasizi has launched the British Chamber of Commerce Uganda (BCCU).

Speaking at the launch on Wednesday, which took place at the residence of the British High Commissioner to Uganda, Musasizi said the BCCU is an excellent business eco-system that provides a unique opportunity for connecting several businesses and brands in both Uganda and United Kingdom.

“Our Government,  under the steadfast stewardship of H.E.President Museveni has consistently, both in terms of policy direction and action, emphasized the importance of attracting both trade and investment as key drivers for advancing socio-economic transformation of Uganda.

He said Government recently adopted an ambitious strategy to grow the economy  tenfold by 2040, adding that the United Kingdom as a Development Partner will play a critical role in terms of trade, investment and technical expertise.

Musasizi also said the Presidential Advisory Committee on Investment and Development (PACEID) and the Private Sector Foundation Uganda (PSFU) are focused on removing trade barriers, improving regulatory frameworks,and fostering a transparent and efficient investment climate.

The outgoing British High Commissioner, Kate Airey, said Uganda has many opportunities and should take advantage of BCCU to strengthen trade and investment between UK and Uganda.

Anne-Marie Martin, the head of the BCCU, said this is a significant milestone for Uganda to join a large network, full of resources, best practices and vast investment opportunities.