The Director of Legal Services at the Kampala Capital City Authority (KCCA), Mr. Frank Rusa, has urged all Ugandans in their respective capacities to support the State House Investors Protection Unit (SHIPU) in improving the country’s investment climate.
In his remarks made minutes after he paid a courtesy visit to the Head of the SHIPU, Col. Edith Nakalema, Mr. Rusa rallied other stakeholders, including the various Ministries, Departments, and Agencies (MDAs), to undertake specific interest in practicing ways purposed to attract more investors.
He noted that where SHIPU superintends the Electronic Investors Protection Portal (EIPP), which hosts authentic information for investors, there is also a need for relevant stakeholders listed on the same site to support SHIPU’s efforts.
“I think the various institutions that are listed as key partners need to also use their websites to talk about this portal so that they encourage the various audiences to get to know this portal because it is very good for our country and the advantage it gives has a multiplier effect,” Mr. Rusa said.
He immediately added, “So the publicizing of this portal should not just be the role of the State House Investors Protection Unit, but it should be for all Ugandans who want to see foreign investment in our country and want to see development.”
He also lauded the efforts of Col. Edith Nakalema for her persistence and constant energy in ensuring the country’s investment climate is not only improved but also conducive for both domestic and foreign investors.
It is in the same breath that he credited the SHIPU team for creating a user-friendly portal whose turn-around effect is fast-paced, thereby increasing investor confidence.
“I must say that I have been extremely impressed that right now you can get a one-stop portal that explains the story of Uganda. Anyone outside Uganda who is interested in knowing about Uganda can now just go to one place and get very useful information. Many links can lead you to anything you need to know,” Mr. Rusa said.
He added: “And it is very comprehensive; it has an interactive part whereby you can ask questions and get immediate answers, and I like the fact that it is connecting with various agencies that are now working together to promote investor confidence. I think it’s a good innovation, and I think it’s going to go a long way to improve investor confidence in the country and also give us reruns on foreign investment in our nation.”
His recommendations resonate with the remarks of celebrated economist Prof. Augustus Nuwagaba, who earlier this week commended SHIPU for dedicated efforts committed to bolstering Uganda’s investments.