National
Chinese firms employ over 30,000 UgandansPublish Date: Apr 17, 2013
Chinese firms employ over 30,000 Ugandans
  • mail
  • img
Chinese ambassador, Zhao Yali and Foreign affairs minister Sam Kutesa. Photo by Francis Emorut
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
Crane Bank hosts 500 Muslims to Iftaar meal
With the month of Ramadhan being one where Allah closes the gates of hell and rewards good deeds in abundance, individuals and business people the world over take advantage of this month to enable Muslims have a smooth fasting period...
Global Trust Bank closed
Bank of Uganda has taken over the management of Global Trust bank....
Court exonerates MP Kiyingi
The Constitutional Court has ruled that Independent MP for Mawokota South Kenneth Kiyingi-Bbosa should maintain his seat in Parliament as he never abandoned his independent status to join NRM party....
Al Shabaab commanders killed in AU offensive
AFRICAN Union troops in Somalia said they had killed two "senior" commanders of the Al-Qaeda-linked Shebab insurgents, in the latest push...
Urban planning inevitable in development - Migereko
THE minister of Lands, Housing and Urban Development, Daudi Migereko has advised Ugandans to support urban planning because it is inevitable if development is to take place...
KCCA gives back to City Muslims
Imams in Kampala City have applauded services of Kampala Capital City Authority (KCCA) executive director Jennifer Musisi, and her team in the development of the city...
Should government review powers of kings?
Yes
No
Can't Say
follow us
subscribe to our news letter