A delegation of African American Investors will next week meet President Yoweri Museveni over an investment opportunity of Shs1.1 trillion ($300m) in the health and real estate sectors in Uganda.
The California based investors jetted into the country on Friday where they were received by Abbey Kigozi Walusimbi, the NRM chairman –Diaspora league at the Entebbe international airport. While addressing the media, the head of delegation, Mark Anthony Hernandez said that they chose to invest in Uganda because of the prevailing peace and security. He said that they plan to invest in real estate, neurosurgeon among other related activities in the health sector.
“We are focusing on health care and we have brought professional neurosurgeons who will set up a facility for implants. Also in real estate investment, we have brought a real estate investor with us that will look at several sectors like commercial and residential real estate. We are hoping that several other investment partners will join and we are looking forward to a good collaboration with the government of Uganda,” Hernandez said.
The Managing Director, East African Partners, Isaac Kigozi, who coordinated the investors’ visit to Uganda, said the African American investors group is here to improve on healthcare services in the country without seeking for government favours. He said the planned investment will enable Uganda tap into the employment opportunities for the many jobless Ugandans.
“They want to utilize what God has blessed Uganda with, and find ways to enhance that but also make a profit,” he added.
Abbey Kigozi Walusimbi, the NRM chairman –Diaspora league assured the investors of a steady peace and security and the ready East African Community Market, which is conducive enough for their investment in Uganda. He implored the investors, to bring on board more American investors to invest in Uganda, for increased opportunities for the people of Uganda and the American people.