President Yoweri Museveni has made a proposal to the\nHunan Province leaders in China to consider joint partnerships in the\nproduction of lithium batteries to support Uganda\u2019s emerging automobile\nindustry and food processing to add value to the country\u2019s robust fresh food\nindustry.<\/p>\n\n\n\n
He said Uganda with support from China is tackling the\nmost challenging development bottlenecks including infrastructure development\nsuch as roads, electricity, railway etc to bring the cost of production down.<\/p>\n\n\n\n
\u201cIn spite of the bottlenecks, the economy in Africa and\nthat of Uganda has been growing fast. The future is very good now and in\npartnership with China, we will move very fast if we work together. I want to\npropose two areas; we are in the process of producing solar powered automobiles,\nwe would like a joint venture in the production of lithium batteries to support\nthis sector. We also have very good fresh foods including bananas that are good\nfor controlling heart disease and millet flour, which is better that wheat.\nThese are traditional foods that need to be processed and marketed. The story\nof Africa is here, the story of Uganda is here,\u201d President Museveni said.<\/p>\n\n\n\n
He was today speaking at a meeting he held with Mr. Du\nJiahao, Secretary of the Hunan Provincial party Committee of the CPC at the\nHunan Hall of the Rongyuan Hotel in Changsha, China.<\/p>\n\n\n\n
The President is on a two-day working visit to the Hunan\nProvince in China where he also attended the opening ceremony of the First\nChina-Africa Economic and Trade Expo and also delivered a keynote address on\ntrade and development.<\/p>\n\n\n\n
The President also made a case for Uganda\u2019s tourism\npotential, saying Uganda is one of only three points on the globe (Including\nEcuador and Kenya) right at the equator but with a high altitude, giving it\ngreat weather all year.<\/p>\n\n\n\n
President Museveni said with a an integrated market that\nnow includes the EAC, SADC, COMESA ACFTA the continent is uniting its market\nand will be able to exploit it great potential.<\/p>\n\n\n\n
Earlier, President Museveni together with an official\ndelegation from the Hunan Province had an exhibition tour where he visited the\nstalls of Uganda and Kenya before heading to the Saint-Tropez Hotel to deliver\nhis speech.<\/p>\n\n\n\n
Mr. Du Jiahao who was accompanied by a delegation from\nHunan province commended the President for his strong economic leadership that\nhas brought about stability and improved living standards.<\/p>\n\n\n\n
He thanked the President for his extensive research on\nissues that affect the continent and for an enlightening speech at the expo (A\ncopy of the Expo speech is attached here). He pledged to encourage private\ninvestors to exploit the opportunities to partner with Uganda in Development.<\/p>\n\n\n\n
According to estimates, Hunan province has a population\nof 63.988 million people with a regional GDP of 3.64258 trillion Yuan, ranking\n8th<\/sup> in the country.<\/p>\n","protected":false},"excerpt":{"rendered":" President Yoweri Museveni has made a proposal to the Hunan Province leaders in China to consider joint partnerships in the production of lithium batteries to support Uganda\u2019s emerging automobile industry and food processing to add value to the country\u2019s robust fresh food industry. He said Uganda with support from China is tackling the most challenging […]<\/p>\n","protected":false},"author":27983,"featured_media":9875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_paywall_metabox":[],"jnews_override_counter":[],"footnotes":""},"categories":[98],"tags":[31],"class_list":["post-9873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured"],"yoast_head":"\n