National
Chinese firms employ over 30,000 Ugandans
Publish Date: Apr 17, 2013
Chinese firms employ over 30,000 Ugandans
Chinese ambassador, Zhao Yali and Foreign affairs minister Sam Kutesa. Photo by Francis Emorut
  • mail
  • img
newvision

By Francis Emorut     
                        
Chinese firms employ 33,000 Ugandans over a period of the last 19 years, the Chinese ambassador, Zhao Yali, has revealed.


This is according to the statistics of Uganda Investment Authority (UIA) since 1993 to 2012.

Yali explained that due to cordial relations between Uganda and China, the latter has several investments in the country which has created jobs for the citizens of Uganda.

“Since the establishment of diplomatic relations, China has always supported Uganda for its national building and industrialization process and provides assistance to the best of its ability with no political strings attached,” Yali told the media practitioners.

He was speaking during the media reception held at his residence in Kololo, Kampala on Tuesday.

The ambassador said the two countries have maintained good relations over the past 50 years with fruitful cooperation in the areas of trade, investment, communication, agriculture, technology and culture.

He said the amount of bilateral trade in 2012 reached $538 million representing a 34.6 % compared to 2011.

The ambassador said that some of the major projects China has undertaken in the country include the exploration of oil by China National Offshore Oil Company (CNOOC), construction of Kampala-Entebbe Expressway costing $350 million and the purchase of road equipment worth $100m to support infrastructure development in over 1400 municipalities.

He pledged that China will continue expanding its investment and financial cooperation to Africa to the tune of $20 billion.

He urged Government to work together with the Chinese government to realize the dream for the people of the two countries.

“China - Uganda friendship and all-round practical co-operation of two countries will achieve new heights. Let us work together to seize upon historical opportunities to realize the Chinese dream and Uganda dream,” he said.

 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Kabaka rallies parents on child education
Kabaka Ronald Muwenda Mutebi II on Friday appealed to parents to educate their children in order to ensure sustainable development of Buganda....
Uganda can defeat HIV – Mrs. Museveni
The First lady and minister for Karamoja affairs says it is possible for Uganda to defeat HIV/AIDS....
VP meets US special envoy
The Vice President Edward Kiwanuka Ssekandi has assured the United States administration of Uganda’s commitment in promoting peace and tranquility for sustainable development of the great lakes region....
Rev. Canon Naimanhye new bishop of Busoga diocese
The Rev. Canon Paul Moses Samson Naimanhye was elected by the House of Bishops of the Church of Uganda to be the next bishop of Busoga diocese....
Arrests: KCCA tough on street vending
KCCA mounts an operation and arrests and charges over twenty people vending on Kampala streets....
Vaccine offers 100% Ebola protection: trial results
An Ebola vaccine provided 100-percent protection in a field trial in hard-hit Guinea, researchers and officials said Friday, mooting "the beginning of the end" of the killer West African outbreak....
Should faith based organisations be registered as Non-government organisations?
Yes
No
Can't Say
follow us
subscribe to our news letter