Permanent Secretary to the Treasury (PSST) Ramathan Ggoobi, accompanied by his technical team, visited Steel and Tube Industries Ltd at Namanve Industrial Park.
The visit aimed to assess operations and identify challenges facing the company.
"We are committed to addressing the binding constraints hindering the growth of industries like Steel and Tube," PSST Ggoobi assured.
Joseph Yiga, founder and chairman, highlighted challenges including high financing costs and electricity expenses.
Steel and Tube Industries, with a $130 million investment, is one of East Africa's largest steel manufacturers.
"We supply high-quality steel products for construction and building projects," Yiga noted.
Ggoobi reiterated government efforts to address these concerns, ensuring the company remains competitive regionally and globally.