The Prime Minister, Dr. Ruhakana Rugunda has said Government is committed to making Uganda more attractive in terms of investment.
“As government, we respect the conditions we set for investments in the country and we will continue to honor our promises on investment requirements because we are a credible Government. No one will support a decision aimed at stopping investments in the Country,” Rugunda said.
The Premier made the remarks while touring Uganda Liao Shen Industrial park in Kapeeka sub county in Nakaseke district on Friday.
The industrial park is registered under the Uganda Zhang’s group and is planned to attract at least 50 enterprises with a total of over 600 million dollars.
Currently, the park comprises of Goodwill Ceramic Uganda Company Ltd specializing in building materials, Ho & Mu Food Technology Company Ltd, Yahe International Investment Company Ltd specializing in maize and grain milling and China Uganda Development Exchange Club which is a relaxation hub.
The Prime Minister, Dr. Rugunda commended the Industrial park project noting that it will transform Uganda through creating employment, adding value to agricultural products as well as promoting trade.
He said the products from the industrial park will not only meet the national demand but will also boost trade in the country through exports which will earn the country foreign exchange.
The Chairman of Liao Shen Industrial Park, Zhang Hao briefed the Premier about all the developments in the Industrial park including the proposed factories for Electronics, Solar batteries and starch among others.
The Head of Operation Wealth Creation, Gen. Salim Saleh asked government to put in place a certification policy for agricultural inputs stressing that farmers suffer from poor quality inputs in terms of fake weed killers, pesticides and seedlings.
Also present during the tour was the Minister of state for Cooperatives, Ngobi Gume and Nakaseke District Officials, among others.
Friday, June 08, 2018
BY DOREEN NASASIRA