A group of investors from Hunan, China's 7th most populous province and the 10th most extensive province by area -- want to invest about $1.8billion (about Shs6.3 trillion) in developing an industrial park in Katosi, Mukono district.
Kampala and Beijing have expressed commitment to further strengthen their fifty-nine-year-old relationship through trade.
Zhang Lizhong, the new Chinese ambassador to Uganda, arrived in Kampala on Thursday, the Chinese embassy said.
He’s the eighteenth envoy to be posted to Kampala and he replaces Zheng Zhuqiang whose duty ended on April 13.
President Yoweri Museveni led the discussion to convince Chinese investors based in Guangzhou, China to look into expanding their investment into the mineral sector in Uganda.
The outgoing Chinese Ambassador to Uganda Zheng Zhuqiang has reiterated his government’s commitment to continue supporting the East African nation, focusing on social-economic transformation that mutually benefits both nations.
Chinese Ambassador to Uganda Zheng Zhuqiang ended his four-year duty in Uganda and on Thursday he met Henry Okello Oryem, the minister of state for Foreign Affairs in charge of International Cooperation – to say bye.
President Yoweri Museveni, the NRM presidential flag bearer, while campaigning in Bunyoro sub-region on Saturday said Uganda is at a level where it can tackle most of its problems, especially when it comes to security.
Leaders of the Indian Association in Uganda hailed President Yoweri Museveni for the role he has played in transforming the East African nation into a reliable and stable environment for running a business.
By Kampala Post Reporter
By Kampala Post Reporter
BEIJING. President Yoweri Kaguta Museveni on Monday afternoon arrived in Beijing China for a four-day working visit on the invitation of his Chinese counterpart, Xi Jingping.
