1. AT THE HIGH LEVEL INVESTMENT FORUM ON INVESTING IN LLDC OCTOBER 1, 2008 - NEW YORK, USA BY: PROFESSOR MAGGIE KIGOZI, EXECUTIVE DIRECTOR, UIA FDI TRENDS AND PROSPECTS IN LAND LOCKED DEVELOPING COUNTRIES: OPPORTUNITIES AND CHALLENGES – THE CASE OF UGANDA

2. 2 Source: WIR 2008, UNCTAD Year FDI m$ 1990/00 (avg) 82 2002 185 2003 202 2004295 2005380 2006400 2007368 FDI inflows to Uganda (1990 – 2007)

3. 3 Achievements: 1991 - 2007

4. 4

5. 5 Top Ten FDI Sources TOP TEN MAJOR SOURCES OF FDI BY INVESTMENT (1991 – 2007) 1.United Kingdom 2.Kenya 3.India 4.UAE 5.South Africa 6.Canada 7.USA 8.China 9.Egypt 10.Pakistan

6. 6 Sources of Investment in Uganda 00-07 Source: UIA Database

7. 7 C hallenges to Investment Sources: UIA Investor Surveys, FIAS Report 2003 Investment Climate Assessment Uganda 2004 & FPC Survey 2005 2001 Access to Finance Tax Admin. Bureaucracy/ Corruption Transport Tax Policy Lack of Incentives GOU Discriminatory Interventions 2004 Cost of Finance Macroecon. Inst Corruption Electricity Tax Admin. Tax Rats Anti-competitn Skills-Workers Customs & regu Theft & disorder Land access Labour regulatn Licence/permits 2005 Exchange Rates Corruption Interest Rates Inflation VAT Income Tax Customs Duty Tax Policy Availability of Power Corporate Tax 1996 Electricity Tax Policy Tax Administration Cost of Finance Access to Finance Utilities Bureaucracy/ Corruption

8. 8 Constraints 1.Infrastructure 2.Access to Finance 3.Administrative Barriers

9. 9 Why Uganda for your Business? 1.Resource Rich 2.Productive, competitive labour 3.Markets

10. 10 MARKET Uganda- 30* million East Africa-125* million Great Lakes Region-190* million COMESA - 23 member countries - 400 million people. - Imports over US$ 170 billion annually. AGOA EU – Preferential Treatment of Exports * Source: CIA World Fact Book - Estimates Ugandas Strategic Location in the Heart of Africa UGANDA

11. 11 The 21 st Century Belongs to Africa Leaders Vision Strategy Plan Land Human Resource Tourism Agriculture Minerals Infrastructure

12. 12 Priority Sectors Manufacturing Transport / Infrastructure/Logistics Agriculture Energy CDM Mining Petroleum ICT Services – Health, Education, Financial services Tourism

13. 13 Some Multinationals in Uganda

14. 14 Some New Multinationals - 2007/8

15. 15 Main Challenge – Infrastructure Opportunities Abound!

16. 16 Uganda Investment Authority Twed Plaza - Plot 22B, Lumumba Avenue P.O. Box 7418, Kampala Uganda Tel.+256-(0)414-30-10-00 Fax +256-(0)414-34-29-03 www.ugandainvest.com info@ugandainvest.com THANK YOU!