Uganda Investment Authority Courts Qatari InvestorsBy Uganda Investment Authority
The Executive Director of Uganda Investment Authority, Mrs. Jolly K Kaguhangire accompanied HE President Yoweri Museveni and the First Lady on a three day working visit to Qatar aimed at showcasing Uganda’s investment opportunities.
She met with HH Sheikh Tamim Bin Hamad Al- Thani, the Emir of Qatar as well as Sheikh Faisal Bin Qassim Al-Thani and members of the Qatar Chamber of Commerce & Qatar Business Association. Sheikh Faisal is the Chairperson of the Qatar business Association and runs a multi-billion group with a diverse portfolio of over 30 companies under the Al Faisal Holdings and Anal Group. He has been listed as the richest Qatari with a net worth of 2.4 billion dollars by Forbes.
The main areas of interest for the Qatari business people included real estate, tourism and hospitality, aviation, packaging, financial services & agro processing. The Executive Director invited the business community to Uganda to look at feasibility studies and available local companies they can partner with especially in agro-processing for export. She re-iterated Uganda’s strategic location in Africa, with the furthest point on the continent being a 6 hour direct flight from Entebbe. Uganda will open an investment office in Doha, Qatar to facilitate prospective investors with information on trade and investment opportunities in Uganda.