Malaysian Investors Meet Ugandan PM Rugunda Ahead of Site Inspection

Zahra Namuli

Zahra Namuli

, Featured, News

Uganda could be on the road to attaining middle income status and vision 2040, following an influx of investors willing to see Uganda attain these dreams.

Key among the developments is a boost to infrastructure development that a team of 20 Malaysians and Chinese investors through BIONAS group bring to Uganda’s investment sector.

The 18-man team Thursday morning met the Prime Minister Dr Ruhakana Rugunda at the office of the prime minister in Kampala to present a master plan of what the team intends to do in the country.

In the meeting was the Minister of Investment Evelyn Anite, Executive Director Uganda Investment Authority Jolly Kaguhangire among others.

Zuriman Amnan the Chief Executive Officer BIONAS, revealed that the group intends to invest in transformation of Uganda traffic system, recreational parks, island uplifts among others.

The team later headed to Serena conference Centre for the launch of the Agropolitan Technology clusters. The cluster is expected to make Uganda compliant to the Paris Climate Accord where governments agreed to proactively address greenhouse gas emissions.

State Minister of Finance for Investment and Privatization Evelyn Anite was hopeful that once the project kicks off it will help in creating employment and Uganda’s Economic transition.

The team now intends to submit a comprehensive blueprint for Ugandan projects to President Museveni before heading to Koboko on Saturday for site inspection where the project will be launched in August 2018.

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