Uganda And Indonesia Deepen Economic Ties, Boosting Trade, Tourism, And Halal Market Growth At Forum

Thursday, July 17, 2025

The Uganda–Indonesia Business Forum took spot connected Thursday, July 10, 2025, astatine Park Hyatt Hotel, Jakarta and was a immense measurement successful nan burgeoning narration betwixt nan nations. The high-profile forum brought together authorities officials, manufacture leaders and investors each of whom are seeking to create sustained partnerships crossed important sectors including tourism, trade, minerals, lipid and gas, and integer innovation.

The forum underscored communal finance arsenic an progressively important foothold for advancing and deepening economical links. Both countries being willing successful maximizing their comparative advantages, nan arena served arsenic a level for sustained maturation and strategical semipermanent partnerships.

A Rising Trade Partnership

Uganda-Indonesia waste and acquisition has besides seen a accelerated description astatine 47.25% betwixt 2020 and 2024. Trade turnover surged to US\$52.8 cardinal successful nan first 4th of 2025, from US\$8.9 million. This shows nan expanding economical relations betwixt some countries.

Uganda, a state rich | successful earthy assets and strategically located successful East Africa, is becoming a caller favourite destination for Indonesian investors. A fast-growing integer infrastructure, young workforce and rank of cardinal location waste and acquisition groups springiness nan state immense entreaty arsenic a overseas finance hub.

Priority Areas of Investment Opportunities

Uganda’s system has aggregate finance opportunities and opportunities dispersed crossed different sectors, including sectors wherever Indonesian expertise and businesses could beryllium grounded. Some areas pinch nan astir imaginable for collaboration are:

Digital Services and ICT : The quickly expanding integer system successful Uganda offers a wide assortment of finance opportunities successful BPO, package development, and different integer services. Investment successful coding bootcamps, tech companies and integer infrastructure tin boost nan country’s increasing tech ecosystem.

Agribusiness: With its agriculturally rich | land, Uganda represents important opportunities successful agribusiness, particularly arsenic it relates to atom accumulation and different crops.

Textile and Garments: With a skilled but comparatively inexpensive workforce, Uganda has awesome imaginable to get into nan accumulation of textile and garments, a precocious export-demand industry.

long-term imaginable for nan improvement of eco-lodges, resorts and training establishment.* Tourism and Hospitality: Uganda has a increasing tourism manufacture that offers nan imaginable to create eco-tourism to nan Ugandan consumers and world marketplace Lira and Kyegegwa person observed important maturation successful nan tourism industry. Its earthy and taste attractiveness makes nan state an perfect spot to put successful sustainable tourism infrastructure.

Mining and Energy: The earthy imaginable for mining and greenish power is extended pinch disposable finance opportunities successful nan mineral assemblage on pinch successful nan lipid and state infrastructure. The state is besides processing its power manufacture to cater for accrued demand.

Logistics and Halal Supply Chains: As Uganda becomes much willing successful legal markets, nan logistics and proviso concatenation manufacture is besides adapting to nan demands of world legal trade. This is an opportunity for Indonesian businesses to return portion successful processing nan legal sectors successful Uganda.

Uganda and Indonesia person a awesome woody of waste and acquisition complementarity. Uganda exports cocoa, leather, and commodities to Indonesia, and Indonesia supplies Uganda pinch steel, machinery, and adhesives.

Intensification successful practice of tourism and legal industry

Tourism is 1 promising section of bilateral cooperation. Uganda signed a bilateral tourism statement pinch nan Association of nan Indonesian Tours and Travel Agencies (ASITA) to create tourism infrastructure successful Uganda during nan meeting. The business follows a successful familiarization circuit of Ugandan tourism led by Indonesian circuit operators successful 2024 to ascertain nan country’s tourism offerings.

Aligning to its ambition of being a legal power, Uganda is laying nan groundwork to build legal logistics and proviso chains. Being strategically located and comparatively caller entrant to legal economy, Uganda is so an absorbing partner for Indonesia, 1 of nan biggest legal economies successful nan world.

Investors Incentives successful Uganda

Uganda is very willing successful ensuring a conducive and competitory finance ambiance successful bid to pull and clasp overseas investors. Key incentives for investors include:

• Tax Holidays: Long word operations tin return advantage of 10-year taxation holidays, a large positive for investors.
• Re-investment Incentives: There are nary limitations connected re-investment, enabling investor to summation much operations successful Uganda.
• Repatriation of Profits Uganda readily permits nan remittance of profits to overseas investors.
• Income Tax Exemptions for New Business: Uganda-owned caller businesses will person a three-year income taxation waiver effective July 2025, to boost section entrepreneurship.
• Import Duty Exceptions: Business items for accumulation specified arsenic machinery are exceptions to an import work and assistance successful nan cut-cost operations.
• Foreign Ownership: Investors are capable to 100% ain their companies successful Uganda, and are successful afloat power of their operations.

A Better Future of Bilateral Cooperation

Uganda and Indonesia person had a hands-off narration successful nan governmental and economical sectors, but platforms specified arsenic these thief to crippled nan measurement guardant for nan 2 countries. Uganda – Positive Factors With rich | earthy resources, a young organization and increasing infrastructure, Uganda is successful a bully position to pull finance crossed halfway sectors. The Southeast Asian state is expected to pat into Uganda’s expanding marketplace and nan East African region by leveraging its beardown system and capacity successful different sectors.

The forum served arsenic a level to deepen cooperation, and was based connected sustainable economical improvement and mutually beneficial partnership. Both countries are besides committed to cooperating to harness nan afloat imaginable of each other’s markets and catalysing maturation successful nan years ahead.