NewVision.co.ug·3 min read·medium

Kiyonga urges Ugandans in Korea to invest back home

J
John Musenze
Kiyonga urges Ugandans in Korea to invest back home
AI Summary

Ugandan Second Deputy Prime Minister Dr. Crispus Kiyonga has called on the Ugandan diaspora in South Korea to invest in their home country's development. The initiative is part of a broader economic plan to reach a $500 billion economy by 2040 through technology and skill transfers.

Why it matters

This reflects Uganda's strategic effort to leverage its diaspora for national economic growth and industrialization.

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Kiyonga urges Ugandans in Korea to invest back home

Uganda is pursuing an ambitious plan to grow its economy to $500 billion by 2040, a target Kiyonga said will require increased investment in infrastructure, energy, industrialisation and the private sector.

Second Deputy Prime Minister Dr Crispus Kiyonga while addressing the Ugandan diaspora in Seoul ahead of the Uganda–Korea Trade and Investment Meeting scheduled for September 6–10, 2026. (Courtesy)

Second Deputy Prime Minister Dr Crispus Kiyonga has urged Ugandans living in South Korea to invest their capital, skills and technology back home to support the country's economic transformation.

Kiyonga made the call while addressing the Ugandan diaspora in Seoul ahead of the Uganda - Korea Trade and Investment Meeting scheduled for September 6 - 10, 2026.

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