President Yoweri Museveni has urged entrepreneurs from China to invest more in the Ugandan economy especially in areas of agriculture, energy and textiles among others. He said that Uganda is ready to partner with anybody as far as business enhancement in the country is concerned.
“Partnership between Africa and China is good for development. Uganda is ready to partner with anybody in doing business,” he said.
The President was today meeting a delegation from China-based Kazoza Financial Group, led by the Group’s Chairman, Mr. Michael Yu, at State House, Nakasero.
President Museveni informed his guests that Uganda is very rich and has abundant natural resources. He, therefore, called on the Group to invest in the country and tap into the still unexploited business opportunities that Uganda offers.
The Chinese entrepreneurs who expressed happiness to be in Uganda assured President Museveni that they are ready group expressed readiness to come and invest the country.
Kazoza Financial Group is largely involved in promoting economic partnership between China and the East African region especially in coffee and tea industries, textiles, construction and energy sectors, among others.
The Minister of Works and Transport Mr. John Byabagambi, of State for Agriculture, Mr. Vincent Ssempijja and officials from Uganda Investment Authority (URA) and the Ministry of Energy and Minerals, attended the meeting.
Uganda Media Centre
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