Museveni: Value addition in agriculture, minerals and tourism key
Feb 10, 2015
President Yoweri Museveni has told the NRM Mps retreat in Kyankwanzi that value addition in agriculture, minerals and tourism is what is needed to spur Uganda. Here is his FULL SPEECH.
By Vision reporter
President Yoweri Museveni has told the NRM MPs retreat in Kyankwanzi that value addition in agriculture, minerals and tourism is what is needed to spur Uganda. ( Below is his FULL SPEECH).
"We should know that agro-processing helped many countries in Europe and elsewhere to launch themselves on the path of socio-economic transformation," Museveni said Sunday.
"The Scandinavian countries are a good example. They started off with agro-processing and proceeded to other levels of industrialization such as electronics e.g. Ericsson, motor-vehicles such as Scania and Volvo, etc.
We always buy very good milk coolers from Denmark and Tetra-pack paper packaging products dominate the processed foods’ packaging, especially milk."
He went on to explain that Agro-processing achieves:
(i) Added shelf-life to products so that they can reach distant markets – UHT and powdered milk can reach distant markets while fresh milk cannot; the same applies to bananas, fruits.
(ii) Expands the spectrum of our exports and earns more foreign exchange for us;
(iii) It creates jobs so as to alleviate the problem of unemployment;
(iv) It stimulates the development of the markets for machine fabrication that are used in the value addition;
(v) It expands the tax base for the country by creating employment for many young people ─ who, then, get salaries that are liable to income tax.
HERE IS THE FULL SPEECH.
Kyankwanzi Opening 8th Feb 2015 Final Version by The New Vision