Kampala 13th July 2023: In partnership with Wakiso District local government, Uganda Development Bank (UDB), the country’s national Development Finance Institution has today tipped the community in Wakiso District on unlocking their immense investment potential through sustainable projects that will spur economic growth. This was during a one-day conference that was held today at Peniel Beach Hotel, in Entebbe.
The conference was held under the theme ‘Harnessing Investment Opportunities in Wakiso’ and aimed at identifying solutions for Wakiso District and its constituencies, including Nansana, Kira, Makindye Ssabagabo, and Entebbe. Other partners for the conference also included Uganda Development Forum which was formed to steer economic development in the country.
Patricia Ojangole the Managing Director of Uganda Development Bank said, “We are thrilled to partner with the various stakeholders in the 2023 Wakiso Investment Conference which perfectly aligns with our vision of driving socio-economic growth in Uganda through sustainable financial interventions in the country’s key priority sectors, namely, Agriculture, Manufacturing, Health, Education, Tourism, infrastructure, and others.”
She added, “The platform has enabled us, and the different stakeholders involved to create meaningful connections, exchange knowledge, and consumer information on the investment climate of Wakiso, as well as offer a premier platform for an expert-informed-public discussion on Wakiso’s development where practical solutions have been offered on how best to adapt and re-orient our strategies in the current context to accelerate inclusive socio-economic transformation.”
The conference was among others aimed at;
Identifying sustainable and impactful investment opportunities or projects aligned to the NPDIII and in key priority sectors of the district.
Highlighting the key challenges faced by the private sector in Wakiso as well as solutions and remedial actions.
Identifying a pipeline of bankable businesses in the various sectors.