Uganda looks to boost border infrastructure for stronger regional trade
As the country prepares to open its skies, Uganda Airlines has developed routes in Africa and is set to join other airlines in the intercontinental market by December this year.
Fri, 04 Sep 2020 10:23:16 GMT
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AI Generated Summary
- Uganda Airlines' expansion plans and resilience amidst the pandemic
- Government initiatives to enhance border infrastructure for regional trade
- Impact of COVID-19 on Uganda's trade landscape and efforts to promote domestic production
Uganda, a country with ambitions to strengthen its regional trade and boost infrastructure development, is on the path to revitalize its airline industry and enhance trade connections with neighboring countries. As the country prepares to open its skies, Uganda Airlines has been strategically developing routes within Africa and has set its sights on entering the intercontinental market by December this year. Despite the challenges posed by the COVID-19 pandemic, the airline remains steadfast in its plans for expansion. Economic Analyst, Charles Bwogi, shed light on the airline's progress and the government's efforts to enhance border infrastructure to facilitate regional trade. Uganda Airlines, which resumed operations last year after a collapse in 2001, has been focusing on acquiring new aircraft and expanding its route network. Plans to procure two Airbus aircraft by December are in motion, signifying the airline's commitment to growth beyond the African continent. The government's initiatives to improve border infrastructure align with its goal to bolster regional trade in East Africa. Uganda's strategic location as a gateway to South Sudan, Rwanda, Kenya, and other neighboring states makes it a key player in the region's trade ecosystem. The construction of infrastructure linking Uganda to these markets aims to streamline trade operations and attract more investment opportunities. While the COVID-19 pandemic has disrupted trade flows by prompting border closures, Uganda has adopted measures to mitigate the impact on exports. The government's focus on import substitution strategies seeks to promote domestic production and reduce reliance on foreign imports. By prioritizing the domestic market, Uganda aims to address its trade deficit and foster economic stability. The agriculture sector, a cornerstone of Uganda's economy, has shown resilience amid the pandemic. Tea exports, a significant revenue driver for the country, rebounded following temporary disruptions in the market. Favorable weather conditions contributed to increased production levels, showcasing the sector's ability to adapt to challenging circumstances. Overall, Uganda's economic outlook remains optimistic as the country navigates through global uncertainties and continues to pursue growth opportunities in the aviation and trade sectors.