Uganda Embassy in Tehran has made tremendous strides to mobilize\r\nand attract investments and also promote trade and tourism in various provinces\r\nof Iran namely: Kerman, Esfahan, Tabris, Mazandalan, Marshad and Kashan. A\r\nnumber of companies in both manufacturing, service industry, agro-processing,\r\nand mining have made positive progress to make their right choice of Uganda as\r\na vibrant and predictable investment destination.
Many companies in the aforementioned provinces have potential\r\ninvestment interests in areas of iron-ore mining and processing, transformer\r\nassembling, free trade zones, coffee and tea processing, silos for storage of\r\nagricultural crops and developing tourism.
The Islamic Republic of Iran has shown strong private sector\r\ncommitment in carrying-out projects in Uganda under private-public partnerships\r\nin areas of construction, healthcare, agriculture in commercial farming and\r\nirrigation, and also involved in putting-up projects for Halal\r\nabattoir/slaughterer houses in Uganda.
The Republic of Uganda Embassy has concluded several cooperation\r\nagreements in the areas health, agriculture, infrastructure development,\r\nmining, manufacturing and general trade. Iranian Government has played a big\r\nrole to adopt a clear policy of private sector aimed at improving investment\r\nin-flows between the two countries.
Uganda continues to make positive steps in all sectors of economy\r\nwhich is fully liberalized, permitting free inflow and out-flow of\r\ncapital.
It is also important to note as a potential investor that, Uganda\r\nis a key regional economic hub for the East African Community (EAC) Market,\r\nCommon Market for Eastern and Southern Africa (COMESA) with 400 million people\r\nwhich gives the country a unique position to enjoy a wide market access in the\r\nregion.
Ití»s also important to note that, Uganda has a high quality\r\nskilled people as well as trainable labourforce with almost 50,000 University\r\ngraduates annually produced across different universities in the country.
Finally, the country enjoys tranquility and peace which combines\r\nthe above factors ensuring that an investor is assure of the security of his\r\ninvestments.
Currently, the Embassy has initiated an inter-link between various\r\nstakeholders in the areas of education for purposes of technology transfer;\r\nthat is universities of Iran and Ugandan universities, universities of Pakistan\r\nand Ugandan universities and memorandum of understanding between the various\r\nstakeholders in the health and education have been undertaken between the\r\nEmbassy of the Republic of Uganda and various stakeholders.
All in all, the Embassy of Republic of Uganda is committed to\r\nstrengthening investment, trade and tourism relations between Uganda and\r\nIslamic Republic of Iran and other countries of accreditation, and also make\r\nfollow-up on progress and arrangements for linking-up investors for joint\r\npartnerships.