Uganda has stepped up efforts to accelerate industrialisation after Finance Minister Matia Kasaija held high-level talks with a delegation from the Export-Import Bank of China aimed at unlocking new investment and financing opportunities.
The delegation, led by Vice President Yang Dongning, is in the country to advance discussions on supporting Uganda’s long-term economic transformation through strategic partnerships.
Kasaija said Uganda’s next phase of growth will be driven by the ATMS strategy, which prioritises agro-industrialisation, export expansion, and value addition across key sectors.
He identified priority areas as agriculture, including coffee, cotton, and tea, as well as minerals, oil and gas, tourism, and science, technology, and innovation.
The minister said Uganda is positioning itself to benefit from China’s zero-tariff policy by shifting from exporting raw materials to producing finished and higher-value goods.
He made the remarks alongside the Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, who also attended the meeting.
Kasaija expressed appreciation to the Government of China for continued technical and financial support in sectors such as transport, energy, and health.
To boost investment flows, China EXIM Bank committed to support the organisation of a “Uganda Day” in China.
The platform will showcase Uganda’s investment opportunities and connect local businesses with Chinese manufacturers and financiers.
Officials said the initiative will strengthen economic diplomacy and position Uganda as a competitive investment destination.
Both sides also agreed to scale up support for industrial parks, with a focus on improving land access, utilities, and logistics infrastructure to attract large-scale investors.
China EXIM Bank reaffirmed its commitment to Uganda’s development agenda through a range of financing options, including trade finance, blended financing, equity investments, and syndicated funding.
Kasaija emphasised the need for flexible financing models to fast-track priority projects.
Keywords/Tags:
Uganda China relations, , China EXIM Bank, Yang Dongning, , ATMS strategy Uganda, Uganda investment opportunities, Uganda China trade, , industrial parks Uganda, Uganda economic transformation, China Uganda partnership, value addition Uganda, export growth Uganda, Uganda Day China
Uganda has moved to deepen ties with China EXIM Bank, with Finance Minister Matia Kasaija pushing for increased investment, flexible financing, and stronger partnerships to drive industrial growth and value addition.
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Andrew Matege
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