Tuesday, 9 May, 2017 - 09:30 to 16:30
UK-Uganda Trade and Export Promotion Forum 2017 - West Midlands
Organiser
Having identified opportunities in Uganda as being of potential interest to companies, investors, manufacturers and the UK business community, Black Country Growth Hub, Greater Birmingham & Solihull Local Enterprise Partnership - Growth Hub, Coventry and Warwickshire Local Enterprise Partnership - Growth Hub, Worcestershire Business Central and The High Commission of the Republic of Uganda to the UK invites you to this prestigious conference organised by Uganda Convention - UK (UCUK).
This event will enable delegates to:
- Learn about Uganda as a potential investment destination and trading partner
- Gain detailed profiling of sector investment and trading opportunities
- Benefit from dedicated one-on-one business discussions with the High Commissioner and the team
- Widen their network of contacts and business associates
Uganda offers exporters and investors lots of opportunities. With a population of circa 38 million and GDP Growth of 5.8%, coupled with Pivotal Regional Trade partnerships: East African Community (5 member states), Great Lakes (4 member states), COMESA (19 member states) - exporters have access to this critical market of 489 million.
The rate of return on investment in the industrial sector in Uganda is currently circa 18%. With cheaper electricity, it is likely to be 25%.
Top prospect sectors for U.K. exports to Uganda include: Agro-Processing, Farm and Construction Equipment; Oil Production Technologies; Power Generation; Renewable Energy Technologies; Manufacturing Equipment; Information and Communication goods and services.
Benefits for British businesses exporting to Uganda include:
- Stable, liberalised economy
- Strong natural resource base
- Government commitment to private sector
- Low cost workforce
- Part of 2 regional blocs which increases the potential consumer base
- Attractive investment policies
- Investment incentives and security with repatriation of profits possible, re-export support schemes.
- Regional markets like South Sudan, COMESA and the East African Common Market which have a market of over 160 million consumers and total GDP of USD 84.7 Billion. DRC places Uganda as a strategic hub for businesses not only in DRC but for the entire region.
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