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Ex-Chinese foreign minister leads 30 investors to Uganda

By Taddeo Bwambale

Added 28th November 2018 08:07 AM

Speaking at the China-Uganda Investment and Trade Forum, ambassador Lu, described Uganda as an attractive investment destination.

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The Chairman of Council for South to South Cooperation Xu Xinhua addressing a press conference, after a meeting between Uganda and Chinese business community at Sheraton Hotel in Kampala on November 27, 2018. Photos by Kennedy Oryema

Speaking at the China-Uganda Investment and Trade Forum, ambassador Lu, described Uganda as an attractive investment destination.

DIPLOMACY

China’s former foreign affairs vice minister, Lu Xinhua is in Uganda, along with a delegation of more than 30 Chinese investors.

The delegation arrived in Uganda on Monday and visited some of the Chinese investments in Uganda. The team is on a fact-finding tour to assess the country’s business environment.

 
On Tuesday, the delegation met with Chinese and Ugandan entrepreneurs at Sheraton Hotel in Kampala for a match-making session to explore potential areas of partnership and investment,

Speaking at the China-Uganda Investment and Trade Forum, ambassador Lu, described Uganda as an attractive investment destination.

 
Lu is the Chairperson of the Council for Promoting South-South Cooperation (CPSSC), a non-profit organisation dedicated to promoting mutual cooperation between China and developing countries in such fields as education, politics, culture, education and technology.

He previously served as vice-minister for foreign Affairs from 2003 to 2006, in addition to several leadership positions in the Chinese government.


Born in 1951, he graduated from Hangzhou University, served as ambassador of China to Finland and as second secretary to the Chinese Mission to the United Nations.

The CPSSC is an influential body with over 100 corporate members consisting of large state-owned and private enterprises with interests in infrastructure, manufacturing, finance, energy and mining, engineering, healthcare, culture and education.

After Uganda, the visiting delegation is scheduled travel to Kenya and Tanzania.

 

The Chairperson of the Council for Promoting South-South Cooperation (CPSSC), Lu Xinhua hands over a gift to Uganda Investment Authority  acting director Basil Ajer (C)

Chinese entrepreneurs look at some of the products on display outside a meeting room where a group of  Chinese officials were exploring business opportunities in Uganda

 

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