Business
Uganda commends South Korea for investing here
Publish Date: Jul 11, 2014
Uganda commends South Korea for investing here
(r - l): South Korean Ambassador Park Yong Dae, Uganda VP Edward Sekandi, deputy foreign affairs minister of S.Korea Lee Kyung-Soo, deputy director of foreign affairs to Africa Lyeo Woonki pose for a photo. Photo/Peter Busomoke
  • mail
  • img
newvision

By Henry Sekanjako

Vice President Edward Ssekandi has applauded South Korea for its continued support and investment to Uganda saying it had cemented the relationship between the two countries.

Receiving a delegation from South Korea led by deputy foreign minister for political affairs Lee Kyung-soo at the President’s office on Thursday in Kampala, Ssekandi said there were alot of tangible things that the South Korean government had established in Uganda for economic development.

VP Edward Sekandi receives a gift from South Korean foreign minister Lee Kyung-Soo during his visit in Kampala on July 10. Photo/Peter Busomoke

“These, among other investments, are giving jobs to our people here, and we want to thank for this great friendship,” said Ssekandi.

He pointed out Koica leadership School Kampiringisa in Mpigi district which South Korea has heavily invested in.

Ssekandi however, advised South Korea to consider investing in the country’s virgin oil resource saying the country was in advanced stages of setting up a refinery which he said South Korea could consider investing in.

In his remarks, the visiting South Korea’s deputy foreign affairs minister for political affairs, Lee Kyung-Soo, said South Korea had established in Uganda many projects in areas of agriculture, information communication technology, (ICT) and energy to foster development.

“I am in Uganda today to reconfirm our commitment to strengthen our bi-lateral relations with Uganda. Uganda has many potential areas for investment which we share in common,” said Lee Kyung-soo.

Lee, who was in company of other members from South Korea, was also accompanied by South Korea’s ambassador to Uganda Park Dae.
 

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
Arua to intensify citrus production
Arua district local government plans to promote citrus production this year....
Japan eyes nuclear for a fifth of electricity supply
A fifth of Japan's electricity supply should come from nuclear power generation, says the country's industry ministry....
South Sudan pound takes beating as VP makes appeal
South Sudan's Vice President James Wani Igga has implored leaders of the three states of Uganda, Kenya, and Ethiopia to allow South Sudan pounds (SSP) be used and deposited in their banks instead of dollars in exchange for their local currencies...
Kampala-Jinja Expressway tender to be advertised in May
The tender for the construction of the Kampala-Jinja Expressway will be advertised next month, UNRA''s Dan Alinange says....
Uganda is yet to start oil production, almost a decade since the first commercially viable oil deposits were confirmed in 2006....
Amazing tomato numbers in the Netherlands
The tomato is the commonest, unavoidable vegetable in the world. This is because for every meal, there is a tomato....
Do you support KCCA'S move to return city communter buses?
Yes
No
Can't Say
follow us
subscribe to our news letter