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Uganda - Museveni Invites Chinese Investors by toolsguru: 12:46pm On Jun 23, 2018
The President made the remarks in a meeting with the visiting Chinese Hunan Province Governor Xu Dazhe and his delegation that called on him last evening at State House, Entebbe.Kampala, Uganda | JOSEPH WERE | President Yoweri Museveni has said that the potential for cooperation between China and Uganda is so vast with many investment opportunities in agro-processing, mining and industrialization sectors. “Museveni invites Chinese investors”.

He informed his guests that Uganda produces a lot of coffee, fruits, cassava and sim-sim and wants to set up industries to process the food products to add value and create job employment opportunities.

“The potential for cooperation between China and Uganda is big. What we want is a reliable market for agro-products. Once we have the demand, we can produce whatever is needed,” he said. Recommended: Hiding A Wolf Among Sheep: The Pitfall In The Exxon Mobil–NOCAL’s Inquiry.

Citing coffee, the President said its production has grown from 2.8 million bags to 5 million bags today with an aim of producing 20 million bags in the near future. He, therefore, urged the Chinese investors to set up factories that make machine tools needed by other factories. “We need to produce machines for different factories here and for the region,” he said......

CONTINUE READING HERE: https://xclusiveafrica.com/museveni-invites-chinese-investors/

Re: Uganda - Museveni Invites Chinese Investors by delishpot: 12:51pm On Jun 23, 2018
Africa my africa, The continent is being sold out yet again this time to the chinese. By the time Africa would realise her mistakes, the valuable resources she has would have been sucked dry by every race on earth but Africans.
Re: Uganda - Museveni Invites Chinese Investors by toolsguru: 2:10pm On Jun 23, 2018
delishpot:
Africa my africa, The continent is being sold out yet again this time to the chinese. By the time Africa would realise her mistakes, the valuable resources she has would have been sucked dry by every race on earth but Africans.

I Agreed with you bro.

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