By Najibu Mulema

Vice President Edward Kiwanuka Sekandi has invited Chinese enterprises to invest in Uganda.

Speaking at an event, Investment promotion Seminar in Chongqing China, Kiwanuka who led the Ugandan team in promotion of 14 investment projects worth $6 billion to potential Chinese investors encouraging them to consider investing in Uganda for export citing the availability of industrial parks being established all the country.

The projects being promoted include the crude oil export pipeline development, Kampala rapid highway system, iron ore processing, geo thermo exploitation and development among others.

Meanwhile, Uganda Investment Authority director lands development, Hamza Galiwango assured the potential investors of security if investment since Uganda has signed a number of strategic business and trade agreements with various countries. He highlighted investment opportunities in transportation, agriculture, tourism and energy.

najibmule@gmail.com

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