{"id":79292,"date":"2024-06-25T00:00:00","date_gmt":"2024-06-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/06\/25\/the-uae-will-develop-ugandas-new-international-airport\/"},"modified":"2024-06-25T00:00:00","modified_gmt":"2024-06-25T00:00:00","slug":"the-uae-will-develop-ugandas-new-international-airport","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/06\/25\/the-uae-will-develop-ugandas-new-international-airport\/","title":{"rendered":"The UAE will develop Uganda\u2019s new international airport"},"content":{"rendered":"

<\/strong>The Sharjah Chamber <\/strong>of Commerce and Industry has inked an agreement with Uganda to <\/strong>build the country\u2019s third international airport<\/strong>, according to a statement<\/a> by Ugandan President Yoweri Museveni office. Construction will commence in August 2024, Reuters<\/a> reports, and no investment ticket was disclosed.<\/p>\n

Another avenue for exports? <\/strong>The UAE is Uganda\u2019s primary export destination racking up approximately USD 1.22 bn<\/a> in exports annually as of 2022. The country\u2019s top exports are gold and coffee netting USD 1.9 bn and USD 753 mn respectively in 2022. More recently, UAE\u2019s Prince Sheikh Mohammed Bin Maktoum Bin Jumah Al Maktoum extended the use of seven cargo planes<\/a> to help boost the country\u2019s agro exports. <\/p>\n

And a boost for investments: <\/strong>Uganda \u2014 named the best investment destination in Africa in 2023 \u2014 has been attracting a wide range of investments from the UAE. The Uganda Investment Authority<\/a> submitted three green investment projects at COP28 in Dubai last year, which attracted USD 400 mn in FDI. Dubai-based private investment office Alpha MBM Investments was in discussions last January to reportedly establish a USD 4 bn refinery<\/a> to process a portion of the country\u2019s crude oil. <\/p>\n","protected":false},"excerpt":{"rendered":"

The airport is set to be constructed outside the Kidepo National Park<\/p>\n","protected":false},"author":1,"featured_media":79293,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[177],"tags":[145,134,32,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-79292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aviation","tag-aviation","tag-projects","tag-trade","tag-uae","wpautop","entry"],"acf":{"mongo_id":"b27e07a4-9374-4eb4-b0e6-9903d4ed3962","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/1505.jpg","photo_position":"above","homepage_title":"","full_issue_title":"The UAE will develop Uganda\u2019s new international airport","related_issue":[79287],"teaser":"The airport is set to be constructed outside the Kidepo National Park","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.f1d14c78-f4d7-434f-a78b-3c6339a68c2a.mp3"},"yoast_head":"\nThe UAE will develop Uganda\u2019s new international airport - 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