Business tycoon, Sudhir Ruparelia has described President Museveni as foresighted and supportive to business communities and is always willing to listen to all business entrepreneurs whenever need arises. He has therefore urged world investors to invest in Uganda because it is a land of opportunities which propel businesses to thrive.
Sudhir revealed this while addressing top investors at Lohana International Business Forum LIBF) held at Speke Resort Munyonyo on Wednesday, 23 under the theme “Africa Calling” which was presided over by President Yoweri Kaguta Museveni
Sudhir further revealed how accommodative Ugandans are, a reason why some foreign families have been able to live in the country for over 120 years and have succeeded in establishing a chain of businesses.
“Uganda has many natural resources, a young and increasingly educated workforce, steadily rising middle income and more stable in governance including micro economic policies which makes an idea of this nation for a long-term investment,”
Sudhir Ruparelia is the Chairman Board of Trustees Lohana Community which hosted a Business Forum that saw over 800 delegates from 28 countries across the world attending the event.
Sudhir told the President that the Business Forum is aimed at Networking and creating business opportunities for Uganda and the region.
“As the chairman board of trustees of Lohana Community it is my privilege to extend a warm welcome to you, particularly those who travelled from abroad to be with us. Your Excellence your presence has made everyone’s day. Thank you for finding time from your extremely busy schedule,” Sudhir said.
“Some people who are here for the first time can’t believe that such a beautiful country exists in the world. Uganda has a conducive investment climate which helps businesses to consistently grow,” he assured the businessmen and women.
“We have invested in commercial activities like agro-processing, ICT, construction, pharmaceutical, hospitality and education.”
In his speech Museveni encouraged the Lohana Community to take advantage of various investment opportunities in Uganda and do business.
Museveni outlined huge cluster raw materials mainly of agro products and mining which need value addition by setting up factories in Uganda.