Uganda is stepping up efforts to attract major investment from Denmark in key sectors of the economy, including healthcare, aviation, infrastructure, agro-industrialisation and mineral development, as the government seeks to strengthen economic cooperation between the two countries.
The Minister of State for Finance, Planning and Economic Development, Henry Musasizi, said Uganda was interested in expanding its economic relationship with Denmark through increased private-sector investment, improved access to international markets and the transfer of modern technology to support local industries.
Musasizi made the remarks during a meeting with Denmark’s Ambassador to Uganda, Signe Winding Albjerg, where the two sides discussed a proposed Uganda-Denmark Strategic Partnership Agreement intended to create new opportunities for trade, investment and business development.
The minister explained that the proposed agreement would provide a framework for closer cooperation in areas that support Uganda’s Tenfold Growth Strategy, particularly agro-industrialisation, infrastructure development, tourism and the exploitation of the country’s mineral resources.
Among the projects discussed was the proposed Wakiso Hospital, alongside the Lake Victoria environmental response programme and initiatives aimed at promoting sustainable aviation at Entebbe International Airport. These projects could open opportunities for Danish investors and technical experts to contribute to Uganda’s development priorities.
Musasizi emphasised that Uganda was looking beyond traditional development assistance and wanted partnerships that would bring direct economic benefits through investment, technology transfer, stronger industries and improved competitiveness of Ugandan products in international markets.
He said both countries recognised the importance of turning their development cooperation into practical results, including employment opportunities, increased exports, expanded investment and sustainable economic growth.
The proposed strategic partnership is expected to strengthen diplomatic and economic relations between Uganda and Denmark while supporting Uganda’s wider economic transformation ambitions. However, the two governments have not yet revealed the specific financial commitments, funding arrangements or implementation timelines for the proposed projects.
