President Yoweri Kaguta Museveni has held strategic talks with a delegation of Egyptian investors at State House, Entebbe, to discuss multi-billion investments in Uganda's dairy industry.
The foreign investors presented comprehensive proposals to partner with Uganda in the dairy sector.
The investment framework includes establishing a modern, state-of-the-art milk processing facility in Ngoma.
President Museveni used the meeting to showcase Uganda's rapidly growing agricultural capabilities to the potential partners.
He informed the delegation that Uganda now produces about 5.4 billion litres of milk annually.
This current production capacity yields an immense surplus that is readily available for processing and export.
The head of state emphasized that the government is prioritizing the industrialization of the raw dairy sector.
"Our focus is on value addition, quality improvement and expanding export markets," President Museveni stated.
The President assured the business delegation of government support and security for their planned investments.
"I welcome them and wish them good luck," President Museveni added.
The proposed processing plant in Ngoma is expected to boost local milk prices, create jobs for youth, and enhance Uganda's foreign exchange earnings through processed dairy exports.
