KAMPALA– Minister of State for Finance in Charge of General Duties Hon Henry Musasizi Aliganyinyira on Wednesday evening launched the British Chamber of Commerce Uganda (BCCU), at the residence of the British High Commissioner to Uganda Her Excellency Kate Airey.
Minister Musasizi said that the British Chamber of Commerce Uganda presents an excellent business eco-system that provides a unique opportunity for connecting several businesses and brands in both Uganda and United Kingdom.
“Our Government, under the steadfast stewardship of President Museveni has consistently, both in terms of policy direction and action, emphasized the importance of attracting both trade and investment as key drivers for advancing socio-economic transformation of Uganda” Minister Musasizi.
The Minister said that Government recently adopted an ambitious strategy to grow the economy tenfold by 2040, and added that United Kingdom as a Development Partner will play a critical role in terms of trade, investment and technical expertise.
Hon Musasizi also said the Presidential Advisory Committee on Investment and Development (PACEID) and the Private Sector Foundation Uganda (PSFU) are focused on removing trade barriers, improving regulatory frameworks, and fostering a transparent and efficient investment climate.
The British High Commissioner said Uganda has many opportunities and should take advantage of British Chamber of Commerce Uganda to strengthen trade and investment between UK and Uganda.
The head of the British Chamber of Commerce Uganda, Ms Anne-Marie Martin said that this is a significant milestone for Uganda to join a large network, full of resources, best practices and vast investment opportunities.
