In the last few years, Uganda’s economy had improved and is continuously improving. Experts believed that the country’s economy has great potential as it has several major resources like mineral deposits, lots of natural resources, fertile land and regular rainfall. A number of natural resources and manmade attractions make Uganda the greenest and most scenic of all the African countries; the country has lots of friendly people too. There are lots of quality medical facilities, first class hotels and restaurants, resorts and beaches and entertainment facilities can be found here. With these, the country will experience rapid economic growth and development.
In the whole African nation, Uganda’s economy is the fastest rising due to its political stability and economic policies. Political stability is the main success of business in Uganda. Uganda’s economy raises because of the implementation of structural development programs. Agriculture continues to dominate the business with coffee bringing at least 80% of its export earnings. Manufacturing sector is also gaining success.
If you are among business owners who would like to invest in Uganda, it is best to invest it in real estate. Uganda’s real estate is booming and you can be sure that your money is in a profitable business. Uganda’s investors will agree that real estate in this country is a good way of earning money. It is best to invest today as the value of this property will increase and appreciate through the years. There is an opportunity for profits when time comes that you will decide to sell the property. Real estate prices in the country are always affordable. If you want to invest in real estate, it is a must you understand the trend in home prices. It is best to analyze market prospects before taking steps towards attaining a loan. Construction and building opportunities had provisions for low cost housing in the country’s urban areas.
There are also a number of investment prospect that exist in textile and cotton industries. A growing number of cotton is being exported and ginneries are being established. Foods and beverage sector provides opportunity too. There are local agricultural raw materials to manufacture agro processed products with high export potential. Education sector in Uganda especially the technical and vocational sector proves to be a good business also. Given Uganda’s climate and political stability there is huge growth in banking, insurance services, mortgage and financing.
Your investment will be protected at Uganda because the country is a member of the Multilateral Guarantee Agency which protects foreign investors money. They also have a mutual investment agreements with other countries.