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Home Business

Uganda Seeks Investor to Build Cable Car on Rwenzori Mountains

by The Homeland Newspaper
October 30, 2025
in Business, News
0
Uganda Seeks Investor to Build Cable Car on Rwenzori Mountains

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’s most scenic high-altitude ranges.

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Uganda’s 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’s most scenic high-altitude ranges.

“We need an investor who can work with us to develop a cable car facility on Mountain Rwenzori,” Ggoobi said during the Uganda–UAE Business Forum in Kampala.

“Many people want to come and hike that mountain but they can’t climb the whole stretch of it,” he added.

“So anyone who is interested, we shall provide all the necessary support.”

A cable car is an aerial lift system that uses suspended cabins or gondolas to transport passengers along a cable between mountain stations. 

It is commonly used in tourist destinations to provide scenic access to difficult terrains, offering visitors panoramic views without requiring strenuous hiking.

The project would make the Rwenzori Mountains more accessible to older and less physically fit tourists while reducing environmental pressure from hiking trails. 

Rising to 5,109 meters (16,762 feet), Rwenzori is Africa’s third-highest mountain, famed for its snow-capped peaks, glaciers, waterfalls, and rare vegetation.

Tourism remains one of Uganda’s top foreign exchange earners, generating USD 1.5 billion (Shs 5.6 trillion) in FY2024/25, according to the Ministry of Finance. 

Visitor numbers are projected to rise as Uganda positions itself as an adventure and eco-tourism hub.

Ggoobi emphasized that Uganda would offer investment incentives and infrastructure support to any serious investor ready to execute the project.

“Our role is to make sure investors find a ready, supportive, and predictable environment,” he said. “We are open for business.”

The proposed Rwenzori cable car would be the first of its kind in East Africa, expected to enhance Uganda’s tourism competitiveness and boost local employment in the region.

Email:homelandnewspaper@gmail.com

The Homeland Newspaper

The Homeland Newspaper

The Homeland Newspaper is Ugandan’s Leading independent weekly Newspaper that delivers real time news & information on Politics, Analysis,Investigations,Business,Finance

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