Business

More Chinese Investors Coming to Uganda

1 Mins read

Uganda’s Consul-General in Guangzhou, Amb. Solomon Rutega has invited Chinese businesses to take up investment opportunities in Uganda’s key sectors, of commercial agriculture; agro-processing; energy; oil and gas; ICT, mining and mineral beneficiation and tourism.

The Consul General was speaking to over eighty (80) representatives of business executives in Huizhou City (One of the 21 Cities of China’s Guangdong Province), at an Investment Conference jointly organised by the Uganda Consulate in Guangzhou and the China Chamber for the Promotion of International Trade (Huizhou Bureau) on 15th June, 2018.

The Consul General particularly highlighted opportunities in the agricultural sector, with emphasis on production of high quality feeds to support Uganda’s aquaculture (tilapia farming); as well as investment in solar panels and agricultural solar-powered irrigation systems.

While in Huizhou, the Consul-General also held a meeting with the City’s Vice Mayor, Mr. Yu Jinfu. Following the Consul-General’s briefing on the successful Investment Conference, the Vice Mayor undertook to give the Consulate all necessary support and cooperation to enhance trade and investment between Uganda and Huizhou City.

To start with, he will lead a business delegation to Uganda in August 2018 to explore existing opportunities and establish business-to-business contacts.

The Investment Conference was also attended and addressed by  Mr. Hou Jianxiong, Chairman of the Uganda-Guangdong Chamber of Commerce. He shared his perspectives and experiences of doing business in Uganda.

Related posts
Business

Stanbic Bank Donates Medical Equipment To UPDF Ahead Of Tarehe Sita Celebrations

2 Mins read
As Uganda prepares to commemorate the 44th Tarehe Sita celebrations on February 6th, Stanbic Bank Uganda has stepped up to support the…
Business

Sanjeev Mansotra: Leading the Way with Eco-Friendly Practices and Giving Back

2 Mins read
Sanjeev Mansotra believes that real progress comes when we grow the economy while also taking care of the environment. As the leader…
Business

Archbishop Kaziimba Mugalu Leads URSB’s Annual Thanksgiving Prayers

2 Mins read
The Uganda Registration Services Bureau (URSB) held its Annual Thanksgiving Prayers, a spiritually enriching event led by Archbishop Stephen Samuel Kaziimba Mugalu,…