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New Uganda Investment Authority Boss Courts Qatar Investors

The newly appointed Uganda Investment Authority (UIA) Executive Director, Jolly K. Kaguhangire has started her job of promoting investments in the country on a high end.

She recently accompanied President Yoweri Museveni and the First Lady on a three day working visit to Qatar aimed at showcasing Uganda’s investment opportunities.

She met with HH Sheikh Tamim Bin Hamad Al- Thani, the Emir of Qatar as well as Sheikh Faisal Bin Qassim Al-Thani and members of the Qatar Chamber of Commerce & Qatar Business Association.

Sheikh Faisal is the Chairperson of the Qatar business Association and runs a multibillion group with a diverse portfolio of over 30 companies under the Al Faisal Holdings and Anal Group.

He has been listed as the richest Qatari with a net worth of 2.4 billion dollars by Forbes.

The main areas of interest for the Qatari business people included real estate, tourism and hospitality, aviation, packaging, financial services & agro processing.

Kaguhangire invited the business community to Uganda to look at feasibility studies and available local companies they can partner with especially in agro-processing for export. She re-iterated Uganda’s strategic location in Africa, with the furthest point on the continent being a 6 hour direct flight from Entebbe.

Uganda will open an investment office in Doha, Qatar to facilitate prospective investors with information on trade and investment opportunities in Uganda.

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