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Uganda Showcases Investment Potential At Business Forum & Expo
Uganda Showcases Investment Potential At Business Forum & Expo

Barnama

time23-04-2025

  • Business
  • Barnama

Uganda Showcases Investment Potential At Business Forum & Expo

KUALA LUMPUR, April 23 -- In a bid to position itself as a strategic investment destination in East Africa, Uganda has rolled out the red carpet for Malaysian investors at the Pearl of Africa Business Forum and Expo 2025. Uganda's Minister of Energy and Mineral Development, Ruth Nankabirwa Ssentamu, said the nation is keen to leverage Malaysia's renowned expertise in mineral extraction, oil and gas development, and palm oil production. 'We are here with a delegation to secure opportunities to work together with the people of Malaysia. bootstrap slideshow 'We want to share what Uganda can offer in terms of natural resources, and we hope to build lasting partnerships in the energy and mineral sectors,' she said during a press conference on Wednesday. The two-day forum, which began on Wednesday, was officiated by Uganda's Minister of Finance, Planning and Economic Development, Matia Kasaija. Also present were Nankabirwa and the Minister of State for Animal Industry, Lt. Col (Rtd) Bright Rwamirama. The ministers are also scheduled to hold bilateral discussions and meetings with local technocrats during the business forum. On tourism, Nankabirwa emphasised the importance of strengthening the sector and fostering people-to-people relations between Uganda and Malaysia. She encouraged Malaysians to discover Uganda as a vibrant and diverse travel destination, highlighting the country's rich cultural heritage, natural landscapes, and wildlife. Uganda's High Commissioner to Malaysia, Dr Betty Oyella Bigombe, highlighted that the forum is the first of its kind to be hosted in Malaysia by an East African country, reflecting Uganda's commitment to deepening economic partnerships across Asia.

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