Nebbi district to host West Nile Investment Summit in March 19, 2022

NEBBI – Uganda Investment Authority (UIA) has identified Nebbi district to host the West Nile Investment Summit scheduled to take place on 19th March,2022 at Nyaravur -Angal Town Council.

The agenda for the West Nile Investment Summit is to discuss the domestic investors’ perspectives in regards to National Development Goals (NDGs) geared towards boosting the economy and sustainable wealth creations and employment opportunities to all Ugandans.

According to (UIA) Communication Officer, Mr. Davide Rupiny, the discussants on domestic investors’ perspective are drawn from all the 13th districts across the West Nile region who are the upcoming investors shaping the development of the country.

He adds that UIA randomly identified the following local investors in the region to discuss the domestic investors’ perspective, Mr. Bob Oyoma of Oyoma General Stores, Ms Hope Ann Anguyo, Mr Emmanuel Amaza – Zawadi Construction Works, Okaba Vincent -of Rock Global Oil limited, Okoro Coffee Union and Mr Taban Idro of KK Transporters all will be moderated by Mr Charles Odongtho.

“It’s a golden investment opportunity to the whole West Nile region and the neighbouring countries like DR-Congo and Southern Sudan who will benefit from the industrial park that the government has earmarked for construction that is yet to be launched,” Rupiny said.

He says other dignitaries to attend the summit are highly profiled government representatives who will include; the State Minister for Investment and Privatization Ms Evelyn Anite, the State Minister for Northern Uganda, Hon Grace Kwiocwiny, the Executive Director Uganda Investment Authority (UIA) and the third Deputy Prime Minister Rt. Hon. (Rtd) Gen. Moses Ali among others.

He adds that West Nile Investment Summit and the launch of the industrial park in Nebbi district will be at the site in Ovoru village, Nyaravur -Angal Town Council in Nebbi district where the community donated more than 500 acres of land for the construction of the industrial park last year.

Hon Urombi Emmanuel, the Chairman for Nebbi district says, the keynote address at the summit will be shared by the State Minister for Privatization and Investment, Hon Evelyn Anite and thereafter the official opening and launch of West Nile industrial and business park.

Urombi says the development is now with us and it’s the right time youths and any other energetic persons to get ready for the development to avoid blame games in future.

“The development has come at the right time. We need to take our children to school to avoid blame games that may arise from our youths that they are not being employed,” Urombi said.

Bernard Okumu, one of the youths says, though the government is doing its best to develop the country, the local investors who are job creators at the local level have failed to progress due to heavy taxations being levied on their locally produced products which needs to be addressed.

“The government needs to give tax holidays to our local investors who are the job creators at the local level. They are indigenous so they know the problem of their people,” Okumu said.

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