Vice President Edward Kiwanuka Ssekandi has ended his week-long visit to Northern Europe with a meeting in the Danish Capital, Copenhagen, of Danish companies interested in investing in various sectors in Uganda.
Over 15 companies took part in a meeting that was held at the Uganda embassy in Copenhagen and the company executives expressed their willingness to invest in Uganda and urged Government to continue with such meetings which they said exposes the country’s exposure to the potential deals.
The Vice President asked companies that included those interested in energy, diary products, education, manufacturing and agribusiness that investing in Uganda was a sure way of return on every cent invested and assured them of Government support whenever they will find challenges.
Ssekandi told the Danish entrepreneurs that Uganda has put in place a conducive investment environment and urged the Danish business people to take advantage of the several amenities that are being provided by the Government to enable investors start business in Uganda.
The Danes however complained about the sluggishness with which Uganda Government officials handle investment issues including assessment by Uganda Revenue Authority and urged government to establish a one stop centre where all the information can be assessed to quicken the process and reduce on delays that promote corruption.
They also sought assurance from Government of a credible legal regime in the event that there arise disputes or disagreements so that investors are not send away empty handed like is the case in some countries. Read more
No comments:
Post a Comment