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Uganda Investment Authority celebrates accolade for best investment promotion agency in East Africa

It was fanfare today at Uganda Investment Authority (UIA) as the Board, Management, and Staff celebrated the golden award for Uganda as the best investment destination in East Africa.

The prestigious award, the AIM Investment Award 2023, was presented to UIA at the Abu Dhabi National Exhibition Centre (ADNEC) as part of the 12th edition of the Annual Investment Meeting (AIM) ongoing in Abu Dhabi, the capital of the United Arab Emirates (UAE).

The highly competitive award recognizes a country’s accomplishments in attracting sizeable and beneficial, high-quality, FDI projects that contribute to their markets’ economic growth and development.

Uganda Investment Authority took gold and was recognized as the best investment promotion agency in East Africa, with Rwanda Development Board (RDB) coming second.

The trophy, which was first delivered to President Yoweri Museveni, was today presented to the Board, Management, and Staff of the Authority at a lively ceremony at UIA headquarters in the Uganda Business Facilitation Centre in Kampala.

The celebration was presided over by State Minister for Privatisation and Investment, Hon. Evelyn Anite, who applauded the Authority for a job well-done, urging them to work harder and make Uganda the best investment destination in Africa.

The Chair of the Board, Mr. Morrison Rwakakamba, said UIA is deepening its culture of supporting all investors to the best possible levels in order to fasten setup.

The Director General, Mr. Robert Mukiza, said UIA has lots more to offer in attracting quality investments in Uganda, both domestic and foreign.

Uganda not only has abundant natural resources and investment opportunities but also good investment and business enablers like policies, incentives, and political and economic stability.

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