KAMPALA — Investors from the United Arab Emirates (UAE) are set to develop an inland port in Uganda, a project aimed at strengthening the country’s cargo transport and logistics sector while lowering the cost of doing business.
The development follows a meeting between President Yoweri Kaguta Museveni and a delegation from the Sharjah Chamber of Commerce and Industry (SCCI) at State Lodge, Nakasero. The delegation was led by Mr Farid Belbouab, Chief Executive Officer of Gulftainer Co. Ltd.
During the meeting, the investors presented a proposal focused on improving the handling of goods before and after arrival at dry ports, to enhance efficiency in regional trade and ease cargo movement across borders.
The Sharjah Chamber of Commerce and Industry, established by an Amiri decree in 1970 by the Ruler of Sharjah, plays a key role in promoting trade, industry, agriculture, digital innovation, and professional services, in collaboration with government institutions and the private sector.
The investors informed President Museveni that negotiations with the Government of Uganda are ongoing and that they expect to finalise the first phase of the project within the next six months.
President Museveni welcomed the initiative and urged the investors to expedite the process, highlighting the economic benefits of large-scale logistics infrastructure.
“Uganda benefits from jobs as these projects employ many people, use electricity and water, and also stimulate local commerce,” the President said.
He further noted that inland ports play a crucial role in facilitating the smooth movement of goods and should prioritise efficient logistics rather than taxation.
“I welcome the initiative and will support it,” President Museveni added, pledging government backing for the project’s implementation.
The proposed inland port is expected to enhance trade facilitation, improve logistics and storage infrastructure, and attract further investment into Uganda’s transport sector, contributing to broader efforts to promote regional integration and economic growth.
