Connect with us


President Museveni Launches Four Points By Sheraton Kampala, Encourages Investment In Uganda’s Booming Economy

Avatar photo



20231031 225326

By Hason Mutunzi Bwambale

On a momentous occasion, President Yoweri Museveni officiated at the grand opening ceremony of the Four Points by the Sheraton Kampala hotel earlier today. Welcoming the esteemed guests to Uganda, the President expressed his confidence that they had chosen the perfect destination at the perfect time. With its abundant raw materials, a sizable internal market of 46 million people, access to the East African market of 700 million, and a vast African market of 1.7 billion, Uganda offers boundless opportunities for growth and investment.

President Museveni wasted no time in urging the attendees to consider further investments in the country, particularly in the fields of manufacturing and agro-processing. Recognizing the crucial role played by the private sector in strengthening the economy, he assured them that the government would continue to support and facilitate their endeavors. For President Museveni, this support is a testament to the true meaning of Uzalendo, or nationalism or patriotism, as it allows the nation to achieve economic independence.

The launch of the Four Points by Sheraton Kampala hotel marks another milestone in Uganda’s rapidly growing hospitality industry. Located in the heart of Kampala, the capital city, the hotel boasts world-class facilities and amenities, providing both business and leisure travelers with an exceptional stay.

The president’s presence at the opening ceremony underscored the government’s commitment to promoting tourism and attracting foreign investment. By partnering with renowned international brands like Sheraton, Uganda aims to establish itself as a premier destination for business and leisure travelers alike.

In his address, President Museveni extended his best wishes to the management and staff of Four Points by Sheraton Kampala, expressing his confidence that the hotel would contribute to the growth of Uganda’s tourism sector. He emphasized that a thriving hospitality industry is not only a source of revenue but also a means to showcase the country’s rich cultural heritage and natural beauty to the world.

As the event concluded, attendees expressed their appreciation for President Museveni’s unwavering dedication to developing Uganda’s economy and creating an enabling environment for both local and foreign investors. The launch of Four Points by Sheraton Kampala serves as a testament to the nation’s commitment to progress and prosperity.

With the opening of this prestigious hotel, Uganda propels itself further onto the global stage, enticing investors and tourists alike. The nation’s vibrant economy, coupled with its warm hospitality and breathtaking landscapes, positions it as a destination of choice for those seeking new opportunities and unforgettable experiences.

As the Four Points by Sheraton Kampala begins its operations, Uganda eagerly awaits the influx of visitors and investors who will contribute to the country’s ongoing development and prosperity. President Museveni’s call for increased investment in manufacturing and agro-processing sets the stage for a promising future where Uganda harnesses its vast potential and continues to thrive on the global stage.

Continue Reading

Copyright © 2023 The New Light Paper, Uganda. A Subsidiary of KOOM Media Group Ltd.

Discover more from The New Light Paper

Subscribe now to keep reading and get access to the full archive.

Continue reading