KUALA LUMPUR: Uganda’s journey in palm oil is just beginning and the republic is keen on tapping Malaysian expertise in cultivation and development of...
Ruth Nankabirwa speaking at a press conference following the official opening of the Uganda Pearl of Africa Business Forum and Expo 2025 in Kuala Lumpur today. On the right is Uganda High Commissioner to Malaysia Betty Oyella Bigombe. – BernamapicUganda’s journey in palm oil is just beginning and the republic is keen on tapping Malaysian expertise in cultivation and development of the commodity, Minister of Energy and Mineral Development Ruth Nankabirwa Ssentamu said.
Uganda is inviting investors from Malaysia to establish partnerships and tap into various resources in the African country, particularly in agriculture, tourism, science, technology and digital transformation. “Uganda is on the verge of commencing oil production, and there is much to share – from technical insights to challenges faced. Both countries are transitioning away from fossil fuels, yet Uganda and Malaysia continue to rely on the revenue these resources provide to fund development.”
“The industrial park itself will also require a variety of support services, including hospitality and logistics, presenting further business potential. Additionally, the park is home to Uganda’s second international airport, enhancing its connectivity and strategic importance,“ she said.
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