{"id":661,"date":"2012-10-25T09:17:14","date_gmt":"2012-10-25T09:17:14","guid":{"rendered":"http:\/\/fortuneofafrica.com\/ug\/investment-climate\/"},"modified":"2012-10-25T09:17:14","modified_gmt":"2012-10-25T09:17:14","slug":"investment-climate","status":"publish","type":"page","link":"https:\/\/afrifacto.com\/ug\/investment-climate\/","title":{"rendered":"Why invest in Uganda?"},"content":{"rendered":"<p>Uganda as an investment destination has the following to offer to its investors:<\/p>\n<p><strong>Predictable Environment<\/strong><br \/>\nUganda has achieved macro-economic stability as demonstrated by the following are key indicators:<br \/>\n1. Stable annual economic growth averaging 7% per annum since the year 2007, making Uganda one of the fastest growing economies Africa.<br \/>\n2. Maintained a competitive real exchange rate that support export growth.<\/p>\n<p><strong>Fully Liberalized Economy.<\/strong><br \/>\nKeys facts include:<br \/>\n1. All sectors liberalized for investment and marketing.<br \/>\n2. There is free inflow and outflow of capital<br \/>\n3. Uganda is ranked the 8th freest economy in Africa by the 2012 index of Economic freedom.<\/p>\n<p><strong>Market<\/strong><br \/>\nThe facts about the market include:<br \/>\n1. Uganda is located at the heart of Sub-Sahara Africa which gives it a commanding base for regional trade and investment.<br \/>\n2. Uganda is a member of the Common Market for Eastern and Southern Africa States (COMESA), a region with a market of about 390 million people in 20 countries.<br \/>\n3. Uganda is a member of East African Community (EAC0 comprising of Burundi, Kenya, Rwanda, Uganda AND Tanzania with a population of over 133.1 million people.<br \/>\n4. Duty and quota free access into the US (AGOA) Generalized system of Preferences (GSP) scheme and EU (EBA) markets.<\/p>\n<p><strong>Strong Natural Resource Base<\/strong><br \/>\nUganda is gifted by nature as demonstrated by:<br \/>\n1. Abundant rainfall evenly spread in two seasons, rich loamy soils and favorable temperature which enhance the productivity of the land to support the cultivation of both and cash crops organically.<br \/>\n2. Uganda has over 50 different types of unexploited mineral resources and the confirmed resources include Phosphate, Gold, Zinc, Wolfram, Petroleum, Diamond, Vermiculite and Silica.<br \/>\n3. Vast tourist attractions including lush green tropical forests inhabited by a wide variety of birds and fauna.<\/p>\n<p><strong>Government Commitment to Private Sector<\/strong><br \/>\nThe government is committed to private sector led economy as demonstrated by the following:<br \/>\n1. Government and private sector dialogue in policy formulation<br \/>\n2. Continuous improvement in provision of infrastructure and other social services.<\/p>\n<p><strong>Trainable Labour<\/strong><br \/>\n1. Uganda presently produces over 20,000 University graduates per year.<br \/>\n2. Quality of labour is one of the biggest attractions.<\/p>\n<p><strong>Security of Investment<\/strong><br \/>\nThe indicators of security in Uganda include:<br \/>\n1. Guaranteed under the Constitution and the Investment Code Act Cap 92 Laws of Uganda 2000 edition.<br \/>\n2. Uganda is a signatory to major international investment related institutions such as:<br \/>\n\u2022 Multi lateral Investment Guarantee Agency (MIGA).<br \/>\n\u2022 Overseas Private Investment Corporation (OPIC) of USA.<br \/>\n\u2022 Convention on the recognition and enforcement of foreign arbitral award (CREFAA).<br \/>\n\u2022 Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).<br \/>\n\u2022 ICSID, TRIMS, GATS, and TRIPS.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uganda as an investment destination has the following to offer to its investors: Predictable Environment Uganda has achieved macro-economic stability as demonstrated by the following are key indicators: 1. Stable annual economic growth averaging 7% per annum since the year 2007, making Uganda one of the fastest growing economies Africa. 2. Maintained a competitive real [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":12,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_uag_custom_page_level_css":"","footnotes":""},"class_list":["post-661","page","type-page","status-publish","hentry"],"blocksy_meta":[],"acf":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"admin","author_link":"https:\/\/afrifacto.com\/ug\/author\/admin\/"},"uagb_comment_info":0,"uagb_excerpt":"Uganda as an investment destination has the following to offer to its investors: Predictable Environment Uganda has achieved macro-economic stability as demonstrated by the following are key indicators: 1. Stable annual economic growth averaging 7% per annum since the year 2007, making Uganda one of the fastest growing economies Africa. 2. Maintained a competitive real&hellip;","_links":{"self":[{"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/pages\/661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/comments?post=661"}],"version-history":[{"count":0,"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/pages\/661\/revisions"}],"wp:attachment":[{"href":"https:\/\/afrifacto.com\/ug\/wp-json\/wp\/v2\/media?parent=661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}