In terms of non-oil exports, Uganda is targeting a tune of USD 6billion in the next five years. This is projected to happen between 2023 to 2028.
The earmarked products include: beef, dairy, coffee, sugar, cement and steel products as well as poultry, bananas and banana flour, fruits, vegetables and tourism.
This was revealed by Uganda’s State Minister for Fisheries in the Ministry of Agriculture, Animal Industry and Fisheries Hellen Adoa during the just concluded 2nd Indonesia Africa Forum.
“This forum comes at a time when Uganda Government is implementing the National Development (NDPIV) where the Agro Industrialization Program is key in delivering transformation and wealth creation for the majority of Ugandans”, noted Adoa during the three-day summit.
This optimism is coming at a time, Government is adopting various initiatives and programs for agricultural production and productivity which is projected to increase.
This calls for additional value addition, market access for regional and international markets.
“I am therefore glad that this Summit is aimed at identifying, engaging, and attracting new investment leads from Indonesia and promoting Uganda as a preferred investment destination in Africa, as well as facilitating engagements between potential investors and Ugandan business people”, noted Adoa.
The Ugandan Economy is known for being agro-based with the agricultural sector uniquely standing out as a major beneficiary of the just concluded Indonesia Africa Forum of 2024.
