{"id":7687,"date":"2025-10-31T10:58:32","date_gmt":"2025-10-31T10:58:32","guid":{"rendered":"https:\/\/mgdmediaug.live\/?p=7687"},"modified":"2025-10-31T10:58:32","modified_gmt":"2025-10-31T10:58:32","slug":"uganda-invites-investors-to-build-first-cable-car-on-rwenzori-mountains","status":"publish","type":"post","link":"https:\/\/mgdmediaug.live\/?p=7687","title":{"rendered":"Uganda Invites Investors to Build First Cable Car on Rwenzori Mountains"},"content":{"rendered":"

Uganda\u2019s Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi<\/strong>, has invited investors to partner with the government in developing a cable car facility<\/strong> on the Rwenzori Mountains<\/strong>, a UNESCO World Heritage Site and one of Africa\u2019s most scenic high-altitude ranges.<\/p>\n

Speaking during the Uganda\u2013UAE Business Forum<\/strong> in Kampala, Ggoobi said the project aims to make the Rwenzori experience more accessible to tourists who find it difficult to complete the full climb.<\/p>\n

\n

\u201cWe need an investor who can work with us to develop a cable car facility on Mountain Rwenzori,\u201d Ggoobi said. \u201cMany people want to come and hike that mountain, but they can\u2019t climb the whole stretch of it. So, anyone who is interested, we shall provide all the necessary support.\u201d<\/p>\n<\/blockquote>\n

A cable car is an aerial lift system<\/strong> that uses suspended cabins or gondolas to transport passengers along cables between mountain stations. Common in major tourist destinations, such facilities offer visitors panoramic views and easier access to rugged terrains.<\/p>\n

Rising to 5,109 meters (16,762 feet)<\/strong>, the Rwenzori Mountains are Africa\u2019s third-highest range<\/strong>, renowned for their snow-capped peaks<\/strong>, glaciers<\/strong>, waterfalls<\/strong>, and rare alpine vegetation<\/strong>.<\/p>\n

According to the Ministry of Finance<\/strong>, tourism remains one of Uganda\u2019s top foreign exchange earners, contributing about USD 1.5 billion (UGX 5.6 trillion)<\/strong> in the FY2024\/25<\/strong> financial year. Visitor numbers are projected to grow further as the country promotes itself as an adventure and eco-tourism hub<\/strong>.<\/p>\n

Ggoobi reaffirmed the government\u2019s commitment to providing incentives and infrastructure support to any investor willing to take on the project.<\/p>\n

\n

\u201cOur role is to make sure investors find a ready, supportive, and predictable environment,\u201d he said. \u201cWe are open for business.\u201d<\/p>\n<\/blockquote>\n

If realized, the proposed Rwenzori cable car<\/strong> would be the first of its kind in East Africa<\/strong>, a landmark development expected to enhance Uganda\u2019s tourism competitiveness<\/strong> and create new jobs<\/strong> for local communities in the Rwenzori region.<\/p>\n","protected":false},"excerpt":{"rendered":"

Uganda\u2019s Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, has invited investors to partner with the government in developing a cable car facility on the Rwenzori Mountains, a UNESCO World Heritage Site and one of Africa\u2019s most scenic high-altitude ranges. Speaking during the Uganda\u2013UAE Business Forum in Kampala, Ggoobi said the project aims to […]<\/p>\n","protected":false},"author":4,"featured_media":7688,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[409],"tags":[693,692],"class_list":{"0":"post-7687","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national","8":"tag-east-africa","9":"tag-ramathan-ggoobi"},"yoast_head":"\nUganda Invites Investors to Build First Cable Car on Rwenzori Mountains - MGD MEDIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mgdmediaug.live\/?p=7687\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uganda Invites Investors to Build First Cable Car on Rwenzori Mountains\" \/>\n<meta property=\"og:description\" content=\"Uganda\u2019s Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, has invited investors to partner with the government in developing a cable car facility on the Rwenzori Mountains, a UNESCO World Heritage Site and one of Africa\u2019s most scenic high-altitude ranges. 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