Uganda Mirror
  • Big Story
  • News
  • Crime
  • Gossip
  • Politics
  • Business
  • Sports
  • Love & Relationships
  • World
No Result
View All Result
SUBSCRIBE
Uganda Mirror
  • Big Story
  • News
  • Crime
  • Gossip
  • Politics
  • Business
  • Sports
  • Love & Relationships
  • World
No Result
View All Result
Uganda Mirror
No Result
View All Result
Home Business

Kabonero: Large Scale Investment In Railways, Ports Key For Region’s Transformation

admin by admin
in Business
0
Kabonero: Large Scale Investment In Railways, Ports Key For Region’s Transformation
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Uganda’s envoy to Tanzania, Amb Richard Kabonero, has rooted for large-scale investment in regional infrastructure projects to stimulate trade, investment and tourism which he said would create unlimited economic opportunities for people of both countries.

You might also like

LGRB Seizes 28 Illegal Gaming Machines in Western Uganda Crackdown

NWSC Boss Silver Mugisha Unveils 2030 Vision After Regional Service Station Tour

MTN Internet Bus To Train 2,000 Ugandans in Push For Digital Inclusion

“The joint efforts to achieve sustainable economic development must prioritize regional infrastructure projects and programs that will require an investment of approximately 80 billion U.S. dollars over the coming decade,” said Kabonero.

Uganda and Tanzania have been strengthening their bilaterals relations through trade and joint infrastructure projects.

Among the flagship infrastructure projects earmarked for coordinated development and implementation by Tanzania and Uganda are the Standard Gauge Railway, the construction of new container terminals at Dar es Salaam, Tanga, Mwanza, Port Bell and Bukasa Ports, and the expansion and construction of regional priority airports.

“We have also prioritized energy projects, including the East African Crude Oil Pipeline (EACOP), power generation from the various sources of hydro, geothermal, gas and coal, as well as power transmission connecting our two countries and the Region’s power pools,” said Kabonero.

“The future of our people and region is bright,” he emphasised.

The envoy spoke during celebrations to mark 59 years of Uganda’s Independence held at Serena Hotel, Dar es Salaam, Tanzania.

The event attracted dozens of Ugandans living in Tanzania, diplomats, government officials and the business community.

Kabonero admitted that while the Uganda and Tanzania partnership has continued to strengthen, trade and investment between the two countries is lower than what is potentially possible.

In August, Bank of Uganda and Uganda Bureau of Statistics reported that imports from Tanzania had capped a seven-month surge, replacing Kenya as Uganda’s biggest source of imports in the region.

Uganda’s imports from Tanzania were $149 million, followed by Kenya with $71.6 million.

“Tanzania and Uganda together with our EAC partners can expeditiously work on domesticating our airspace, consolidate one area network in communication, harmonize regulations on emerging technologies, protect our environment, allow free movement of goods and services and eliminate the remaining barriers to trade and Investment,” said Kabonero.

Tanzania and Uganda are planning the Oil and Gas Private Sector symposium on November 25 in Dar es Salaam to create more awareness about the business opportunities from the oil and gas industry.

“We at the Uganda Mission will continue to work tirelessly towards creating an enabling environment that will allow the private sector to share experiences, start business to business networks, identify opportunities and eliminate challenges to trade and investment and ultimately lead to greater integration of our region,” said Kabonero.

The event was spiced by the B52 bang group which kept guests entertained throughout the night.

Tanzania ties

Tanzania’s Foreign Affairs Minister, Ambassador Liberata Mulamula, narrated how former President Julius Nyerere asked the British colonialists to delay Tanganyika’s independence till all East African countries gained independence.

“At a time when Tanzania was ready to get independence, Mwalimu Julius told the British, ‘can we delay so that our neighbours get it and we celebrate on the same day?’”

Amb Mulamula said Nyerere sacrificed Tanzania’s meagre resources to liberate African countries from colonialists and Uganda from the brutal reign of Idi Amin “which opened a new chapter with the people of Uganda.”

“We have had close bilateral relations. We share a lot in terms of history, demographic affinities and being members of EAC. We have to celebrate our relationship through regional integration. Our relations have been cemented by the Joint Permanent Commission (JPC). This has become the new norm of our commercial diplomacy,” said Mulamula.

She also reaffirmed Tanzania’s commitment to the construction of the The 1,445-kilometer pipeline that will transport crude oil south from Uganda for export at the Port of Tanga in Tanzania. 

“The pipeline will be one of the longest heated pipelines in the world. We are making history together. The pipeline will be generating economic activities along the way. We urge the private sector to take interest in this project to employ people and improve their livelihoods,” she said.

Tanzania recently launched the Southern route (Central Corridor) from Dar es Salaam port to Port- bell via Mwanza through Rail-Lake-Rail Multimodal Transport.

Kabonero urged the business community to consider using this route as it significantly reduces the cost of doing business.

He also praised Tanzania for fast-tracking the designation of Uganda Airlines to operate scheduled international passenger and cargo services on the Entebbe-Dar es Salaam – Entebbe, Entebbe-Kilimanjaro-Entebbe and Entebbe-Zanzibar- Entebbe routes.

“We believe that this has eased travel within the Region and promoted tourism, trade and investment.”

Tags: Richard KaboneroUganda News
Share30Tweet19
admin

admin

Recommended For You

LGRB Seizes 28 Illegal Gaming Machines in Western Uganda Crackdown

by Davis
March 2, 2026
0
LGRB Seizes 28 Illegal Gaming Machines in Western Uganda Crackdown

The National Lotteries and Gaming Regulatory Board (LGRB) has intensified its enforcement operations in Western Uganda, confiscating more than 28 illegal gaming machines in a targeted crackdown across...

Read moreDetails

NWSC Boss Silver Mugisha Unveils 2030 Vision After Regional Service Station Tour

by admin
March 2, 2026
0
NWSC Boss Silver Mugisha Unveils 2030 Vision After Regional Service Station Tour

National Water and Sewerage Corporation (NWSC) Managing Director Eng. Dr. Silver Mugisha has completed the first leg of a nationwide assessment of regional service stations, unveiling a 2030...

Read moreDetails

MTN Internet Bus To Train 2,000 Ugandans in Push For Digital Inclusion

by Davis
February 28, 2026
0
MTN Internet Bus To Train 2,000 Ugandans in Push For Digital Inclusion

MTN Uganda’s philanthropic arm, the MTN Foundation, in partnership with Maendeleo Foundation, is expanding its mobile digital training initiative to reach 2,000 participants across 10 communities in the...

Read moreDetails

Uganda Moves To Position Its Pan-African Brands As Continental Leaders In New ECD Strategy Review

by admin
February 26, 2026
0
Uganda Moves To Position Its Pan-African Brands As Continental Leaders In New ECD Strategy Review

Uganda has intensified efforts to position its homegrown brands as continental powerhouses following a high-level Economic and Commercial Diplomacy (ECD) Strategy mid-year review convened by the Ministry of...

Read moreDetails

Uganda Hosts Botswana Officials On Public Investment Peer Learning Mission

by admin
February 25, 2026
0
Uganda Hosts Botswana Officials On Public Investment Peer Learning Mission

Officials from the Ministry of Finance, Planning and Economic Development have hosted a high-level delegation from the Ministry of Finance on a peer learning mission focused on strengthening...

Read moreDetails
Next Post
MPs Ssegirinya, Ssewanyana Denied Bail

MPs Ssegirinya, Ssewanyana Denied Bail

Related News

Museveni Roots For sports development in Uganda

Museveni Roots For sports development in Uganda

November 30, 2018
South Sudan: Kiir Fires Machar’s Wife From Interior Ministry

South Sudan: Kiir Fires Machar’s Wife From Interior Ministry

January 20, 2026
3 Arrested In Suspected Bank Robbery

Police Nets One Over Child Kidnap

January 28, 2019
Cancer Patients Receive Aid From Tanqueray All Music Safari Fundraiser

Cancer Patients Receive Aid From Tanqueray All Music Safari Fundraiser

May 19, 2021
TV Star Bahati Officially Introduces New Lover

TV Star Bahati Officially Introduces New Lover

March 7, 2020
Aya Investments Limited Is Financially, Strong, Sound & Secure – Court

Aya Investments Limited Is Financially, Strong, Sound & Secure – Court

May 8, 2023

Popular Stories

  • Uganda Law Society Drops Neutrality, Endorses Opposition Candidates For 2026

    Uganda Law Society Drops Neutrality, Endorses Opposition Candidates For 2026

    3362 shares
    Share 1345 Tweet 841
  • Peace Must Translate Into Prosperity, Museveni Tells Lwengo Voters

    2294 shares
    Share 918 Tweet 574
  • Court Dismisses Walukagga Petition, Upholds His Removal From Busiro East Race

    2276 shares
    Share 910 Tweet 569
  • Court Finds Walukaga’s Academic Papers Died Peacefully In June

    2255 shares
    Share 902 Tweet 564
  • Uganda Launches Roosevelt Rhino Campaign In US To Boost Conservation Diplomacy

    1645 shares
    Share 658 Tweet 411
  • Uganda Added to US Visa Bond Pilot, Travellers Face Up to $15,000 Requirement

    1258 shares
    Share 503 Tweet 315
  • Museveni Rallies Nansana Voters, Emphasises Wealth Creation and Jobs as NRM Priority

    1254 shares
    Share 502 Tweet 314
Facebook Twitter Instagram Youtube
Uganda Mirror

Uganda's leading source News in categories of Politics Gossip Crime Sports Business Technology & Education

© 2025 Ug Mirror - A Product of Mirror Digital Limited .

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “ACCEPT ALL”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsREJECT ALLACCEPT ALL
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Big Story
  • News
  • Crime
  • Gossip
  • Politics
  • Business
  • Sports
  • Love & Relationships
  • World

© 2025 Ug Mirror - A Product of Mirror Digital Limited .

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?