UK Convention’s Flashback: Video: Official Opening by H.E. Yoweri Kaguta Museveni, the President of the Republic of Uganda.

 UK Convention’s Flashback: Video: Official Opening by H.E. Yoweri Kaguta Museveni, the President of the Republic of Uganda.

The UK-Uganda Trade Summit went ahead on Saturday 10th September under difficult circumstances. The President, as a mark of respect, including senior government officials chose not to participate in the event, however as a credit to the organisers, the panel discussions were still insightful and informative with valuable input from private sector actors and essentially if UK-Uganda trade and investment is to further increase, the private sector needs to drive this over and above any government intervention from either side.

The President was to give an overview on government initiatives, incentives and strategies to attract investments and what Uganda has to offer to UK investors.

H.E. The President was to announce Key Projects:
– £100m Kitgum – Kidepo Road supported by UKEF
– Construction of Standard Gauge Railway Project (£1.5bn – TBC)
– £270m electricity export transmission line to DRC (Gridworks)

Was to sign an MoU Signing Ceremony
– $300m investment by Gridworks on an electricity export line from Uganda to Eastern DRC.
– $1.8Bn Standard Gauge Railway project from Kampala to Kasese
– $150m project for a water dam project in Karamoja for irrigation, food security and flood control
– $100m contract for the construction of the Kitgum – Kidepo tourism road

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