As a hub of the world’s premier tourist attractions, and a
prospective free trade area given its central location in the Comesa and
SADC trading blocks, East Africa forecasts a market of 540 million
people and $630 in GDP by 2015.
The East African
Community heads of State told business gurus in Dar es-asalam at the
ongoing Africa Investment forum on the theme “Accelerating EA Investment
and accessing a market of one billion people”.
In a statement released by the Ministry for East African Community, President Museveni told investors at a round table meeting that Uganda had already dealt with the bottlenecks impeding trade including security and interference with the private sector through initiating private sector led growth and dealing with energy shortages.
In a statement released by the Ministry for East African Community, President Museveni told investors at a round table meeting that Uganda had already dealt with the bottlenecks impeding trade including security and interference with the private sector through initiating private sector led growth and dealing with energy shortages.
The statement also
indicates that Uganda has a master plan of attracting investment to
improve infrastructure through construction of Toll Roads, which will
soon be practical for Jinja, Kampala, Entebbe and Mpigi. Mr Museveni
re-assured investors that the government has provided incentive on over
6,500 products on zero tariffs so as to improve the investment
environment.
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