Museveni commissions works for multimillion dollar economic zone
Publish Date: Feb 19, 2014
Museveni commissions works for multimillion dollar economic zone
President Yoweri Museveni chatting with the Turkish Investor Sitki Ayan during the launch of the Special Economic zone in Kaweweta .PHOTO /ABU MWESIGWA
  • mail
  • img

By Vision Reporter

President Yoweri Museveni has called for the protection of government land including that vacated by refugees saying it can be used to attract investors who will build growth centres to attract people from poverty.

“I have brought you these rich people to get you out of poverty. This land used to belong to West Mengo Cooperative society but after the war we bought it for the army. When we got Turkish investors looking for land to invest, I said we have our land here. Our people need weapons, bullets, uniform etc, these people want to put factories here, a modern abattoir, milk and fruit processing plants, a facility for modern agro production and a factory with equipment for textiles. They are also interested in medicinal herbs and aromatic herbs which our local people know. These cost a lot of money abroad. This will become a town for factories, a growth centre to attract people from poverty,” he said.

The President was Tuesday presiding over the ground breaking ceremony for a US$300million, 18 square miles facility that will also house a beef production zone, host a world class abattoir to consume about 400 cows a day, breeding of new strains of livestock, feeding and production areas, slaughter houses, packing facilities and maintenance hall for the cattle depository.

The development follows an earlier meeting in 2012 during which President Museveni held talks with the Turkish investors led by the ASB Group Chief Executive Officer (CEO) Sitki Ayan over business opportunities in Uganda particularly the creation of a special economic zone.

The President warned Ugandans against land fragmentation saying it creates problems and does not attract investments said there is a lot of market in Turkey for products such as coffee which will be produced and processed here before export.

On the issue of compensation for the 149 families displaced by the development, President Museveni wondered why they would be compensated since they are the ones who encroached on government land.

He however said all families should be registered while a solution for them is sought. He pledged to provide two milk cooler trucks for the sub counties of Kanyogoga and Ngoma to collect milk for sell in Kampala.

The President also directed local leaders to investigate and cause to be arrested people involved in bush burning, an activity which has led to the destruction of various pine forests worth billions of shillings. He also pledged to provide two water tankers to large scale cattle keepers who want to transport water for their animals as long as they fuel them.

ASB Group Chairman Sitki Ayan said the project once completed will be the biggest in the world and will provide contract farming for locals, create vast employment opportunities and provide modern technology in environmental and infrastructure development.

He said Uganda has the potential to be the centre for production, distribution and processing for the whole of Africa. Turkey already has its largest textile industry in Ethiopia and with such a big investment in beef production Uganda will have secured a major business development.

According to statistics, trade between Turkey and Uganda has grown in the past decade from about sh4.6b in 2003 to about sh51b in 2009.

The Deputy Chief of Defence Forces, General Charles Angina said the investment will empower them economically and strengthen their means to improve their defence and weaponry systems.

Initially the Uganda Land Commission led by the Chairman Baguma Isoke exchanged agreements with the Turkish investors to cement the deal for the special economic zone programme witnessed by the Minister of state for Finance in charge of planning Matia Kasaija.


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

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Dollar holds euro gains but dips against emerging units
The dollar held its gains against the euro Tuesday as markets bet on a Federal Reserve rate hike next month, while emerging market currencies got a lift from optimism over the world's top economy....
Uchumi Supermarkets sued over 63m
A supply company has sued Uchumi Supermarkets over uncleared debt to the tune of sh63.4m. The firm, 7 Days International Limited, deals in sanitary products...
Insurers challenged to invest in micro-insurance
Ronald Zake, chairman Insurance Institute of Uganda (IIU) has challenged players in the industry to embrace micro-insurance to cater for small and medium size enterprise...
Global markets push higher after week darkened by terror
Global stock markets pushed higher Friday to end a nervous week during which investors demonstrated a feisty resilience amid a cloud of terror....
Bahati explains return of public funds
The state minister for finance in charge of planning, David Bahati has accused some accounting officers for causing delays in the release of public funds....
Dollar under pressure as Fed timetable in focus
The dollar edged down for a second day against emerging market currencies in Asia Friday as dealers focus on the pace of the expected rise in US interest rates....
Is Uganda ready for the pope's visit?
Can't Say
follow us
subscribe to our news letter