Business
Museveni woos Turkish investors
Publish Date: Apr 25, 2014
Museveni woos Turkish investors
President Yoweri Museveni
  • mail
  • img
newvision

By Vision Reporter

President Yoweri Museveni has called on Turkish entrepreneurs to tap the abundant opportunities that Uganda has in value addition of agro-products and minerals.


He specifically urged them to work out projects in relation to value addition to the maize crop that Uganda produces, leather and minerals such as cement and iron ore. He also concurred with the proposal to build hotels to cater for the budding tourism industry.

The President was meeting a delegation from Kolin Construction, Tourism, Industry and Trading Company which is incorporated in Turkey.

The Turkish entrepreneurs were led by Company Chairman, Naci Kologlu at State House, Nakasero.

Museveni assured the Turkish entrepreneurs of government readiness to help them build a hotel in Kampala and also promised to facilitate them to establish a cement factory in the country.

The Kolin Company Chairman, Naci Kologlu informed President Museveni of the progress so far attained by his company in the construction of the Hoima - Kaiso-Tonya road in Bunyoro in western Uganda.

 

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
Inflation rises to 1.4%
Consumers paid sh1.4 more for manufactured goods in October compared to the same period in 2013 as the sector struggled to recover from the lag-effects of the 2011 economic challenges, amid volatilities in foreign exchange....
Kukustar: New vaccine against newcastle to empower farmers
It was the welcoming smiles. Not the long distance from Mbale town. Not the shrubby path to Mary Goretti Mboizi’s humble home in Bunamwera village, Kibuku district that struck me as I settled down to listen to her story....
Uganda is debt sustainable, says finance ministry
By March, China had lent Uganda over $336m (8% of the total debt) while India had lent over $50m (under 2%)....
Partnership seeks to boost television penetration
PCS and a regional pay television service provider enter a partnership expected to boost television penetration in areas without access to hydroelectricity....
Govt allocates sh20b for restocking
THE Government has allocated sh20b for livestock restocking in West Nile, Acholi, Lango and Teso sub-regions in the 2014/15 financial year...
Power extended to Masaka sub-counties
The sub-counties benefiting from the project are Kyesiga, Lwankoni, Kyanamukaka and Kabira with a total population of about 60,000 people...
Do you agree with the ban on the export of maids?
Yes
No
Can't Say
follow us
subscribe to our news letter