Uganda Has Huge Potential for Investment

Uganda Has Huge Potential for Investment – M7 Tells French Entrepreneurs

President Yoweri Museveni has told a visiting French Entrepreneurs’ delegation that Uganda has a huge potential for investment opportunities in such areas as air-conditioning for agricultural products at the airport, refuge ration trucks, factories that need cold rooms, especially for agro-processing, cable cars and solar powered pumps, among others.

The President was yesterday meeting the French Entrepreneurs, who were led by their country’s Ambassador to Uganda, Ms. Stephanie Rivoal at State House Entebbe.

The French visitors are in the country at the invitation of President Museveni.

Mr. Museveni asked them to get him investors in paper packaging, drawing water from Lake Victoria or River Kagera Kioga, among other water bodies, for irrigation purposes in the dry areas of the country as well as for drinking purposes.

He assured them that the Government of Uganda will fully fund that water project because of the project’s high importance in stabilizing agricultural production in Uganda.