UDB tips Wakiso locals on investment opportunities to spur economic growth

The Wakiso District leadership noted  that since the inception of the conference in 2018, there has
been a noticeable increase in the issuance of Investment licenses to projects, amounting to a tune of US$. 1.35 billion with an estimated 26,303 jobs created.

“We are constantly improving the business environment in Wakiso District so that we can boost economic activities in the areas, which in turn will provide investment opportunities and spur economic growth, among others,” the Wakiso CAO, Alfred Malinga said.
“The private sector however  still grapples with financial constraints and business advisory services that are important in enabling them to realize their full potential. Therefore, it is key that we collaborate with partners
like UDB so that we can support the growing business community to participate in impactful projects. It is through forums like this Investment Conference that there is knowledge exchange on how businesses can access funds and make the right investment decisions.”

The UDB Managing Director said the bank  is dedicated to fostering sustainable socio-economic growth, through supporting ventures like the Wakiso investment conference that seeks to unlock opportunities that compliment government effort through job creation and uplifting communities so that we complement government efforts of boosting the country’s socio- economic growth.

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