President Yoweri Museveni has met and held discussions with a delegation of 15 Swedish investors from Europe at State House, Nakasero.

The Swedish Ambassador to Uganda, Per Lindgarde, led the investors who have shown interest in the areas of public transport and energy.

The delegation included the Regional European Sales  Manager  of  ABB  Company, Mr. Tolben Sjohom. 

President Museveni welcomed and informed them that in terms of business, the African continent and Uganda in particular, is the place to invest in.

"I am now happy that Europeans have started showing interest to invest here,” he said.

The President called upon electricity distribution companies in Uganda to work for the reduction in power charges per unit in order to attract more investors.

He asked Swedish companies to invest in value addition to food items such as fruits, milk, and sugar, among others. He also interested them in the manufacturing of car batteries and the irrigation sector.

State Minister for Investment, Anite Evelyn and Uganda’s Envoy to Sweden, Nimisha Jayant Madhvani, attended the meeting.

ENDS