The Indian Association Uganda (IAU) has made 100 years of existence this 2022.
The Association, Indian Business Forum, in partnership with Uganda Investment Authority(UIA) and the Ministry of Finance, Planning and Economic Development of the government of Uganda organised a business summit to celebrate and welcome a new era of investment and shared prosperity for investors and for a better Uganda.
The objective of the summit was to showcase Uganda’ investment opportunities, celebrate 100 years of Indian Association Uganda, create business networks and linkages, identify new investment opportunities, and address key challenges. The summit was positioned to attract existing investors in the country, other investors of Indian origin worldwide and any other investors worldwide.
President Yoweri Museveni officiated the opening of the Afro Indian Investment Summit 2022 together with the centennial 100 years celebration of Indian Association Uganda on Thursday 17th November at Munyonyo Commonwealth Resort Hotel in Kampala
The conference’s initiative was to promote Uganda as the best investment destination in Africa and to recognize Museveni’s efforts and the support he has given to the Indian Community in Uganda.
In attendance were ministers; Hon. Matia Kasaija (Finance), Hon. Okello Oryem (State for Foreign Affairs), officials from Uganda investment authority, Ugandan investors among others.
The conference was addressed by Mr. Mohan Rao, Chairman of Indian Association Uganda.
The conference also heard testimonies from First Generation Investors; Mahendra Mehta the Chairman Mehta Group of Companies, Kamlesh Madhvani of Madhvani Group of Companies and Dr. Sudhir Ruparelia – Trustee Indian Association Uganda and Chairman, Ruparelia Group of Companies.
Others were; Mr. Sitaram Reddy of SR Agro, Jay Patel of MMP group and Mr. Ashish of Modern group of companies, all showering praises to the NRM government for the peace and stability that has enabled business growth.
On Friday, Uganda’s Vice President H.E Jessica Alupo officiated the closure of the Afro-Indian Summit. She congratulated the Indian Community in Uganda upon the 100 years of establishment. Alupo also thanked them for investing and contributing immensely to the development and growth of the country.
Compiled by Betty Uwiringiyimana
Public Relations Officer