The Presidential Advisor on Investment, Dr Jim Tubuhaburwa, this week held a high-level meeting with executives from NTEX Group, a European logistics and transport company, as part of efforts to strengthen Uganda’s international trade and investment portfolio.
The discussions focused on unlocking new import and export opportunities, particularly between Uganda and the Nordic region, and enhancing cooperation in cargo handling, logistics, and trade facilitation.
Dr Tubuhaburwa highlighted Uganda’s improved investment climate, noting that the country is increasingly seen as a stable and reliable destination for foreign direct investment.
“Uganda is no longer considered a high-risk market. Government has deliberately created a stable, predictable and investor-friendly environment to attract long-term partnerships that drive sustainable economic growth,” he said.
He also outlined reforms aimed at improving infrastructure, streamlining trade processes, and enhancing regional connectivity—factors that position Uganda as a strategic gateway to the East African market.
NTEX Group officials expressed strong interest in collaboration, particularly in agricultural exports, automotive imports, and specialized cargo services.
A company representative noted that efficient logistics systems are critical to expanding trade volumes between Africa and Europe.
“We see strong potential in Uganda’s agricultural sector and emerging industrial base. With the right logistics framework, trade between Uganda and Europe can grow significantly,” the official said.
The anticipated partnership is expected to improve efficiency along trade routes linking Uganda to European markets, reduce transport and logistics costs for local businesses, and create employment opportunities, especially for young people in the logistics and supply chain sectors.
Dr Tubuhaburwa indicated that similar engagements with international investors will continue throughout the year as Uganda positions itself as a competitive player in global trade.
“Our objective is to build strong global partnerships that enhance export capacity, boost investor confidence, and integrate Uganda more deeply into international markets,” he added.
If formalized, collaboration with NTEX Group could provide Ugandan businesses access to modern transport technologies, global best practices in cargo management, and more reliable shipping channels to Europe.
The meeting underscores Uganda’s strategy to leverage strategic global partnerships to accelerate economic growth and expand its international trade footprint.
