The chairman of Tirupati Group Ltd, Harshad Barot, has praised President Yoweri Kaguta Museveni’s leadership, citing political stability and pro-business policies as key drivers of Uganda’s economic growth.
Barot, accompanied by his wife Poonam Barot, attended Museveni’s swearing-in ceremony at Kololo Ceremonial Grounds on Tuesday, held at the invitation of State House.
The event marked Museveni’s seventh term in office and attracted dozens of dignitaries, including more than 40 heads of state and government.
Speaking on the sidelines of the ceremony, Barot said Uganda’s private sector has benefited from the stability established since 1986.
“President Museveni’s leadership has created stability, and stability is the foundation upon which businesses grow, investments flourish and families prosper,” he said.
He added that the government’s emphasis on peace, infrastructure and policy consistency has encouraged both local and foreign investment.
“A strong economy is built on peace, infrastructure and confidence in the future. This is a moment not just for celebration but also for investor confidence,” Barot noted.
Barot said the collaboration between the government and private sector has been instrumental in driving economic expansion, with businesses increasingly viewing the state as a partner in development.
Under his leadership, Tirupati Group Ltd has expanded its footprint in Uganda’s construction and real estate sector, undertaking projects ranging from shopping malls and residential apartments to industrial parks and warehouses.
He said the current business environment allows entrepreneurs to invest and grow with confidence.
“When leadership is consistent and purposeful, investment follows naturally. Uganda is living proof of that,” Barot said.
