Saturday 23 February 2019 ,
Saturday 23 February 2019 ,
Latest News
  • None would be able to destroy Bengali culture: PM
  • Fire spread from chemical warehouse: Probe body
  • Chawkbazar fire: 45 bodies handed over to families
  • Funerals held for Dhaka inferno victims
  • No one can avoid responsibility for Chawkbazar tragedy: Quader
  • Chawakbazar fire virtually repeats 2010 Nimtali tragedy
  • BNP blames govt's irresponsibility for Chawkbazar fire
  • Shamima not a Bangladeshi citizen; no entry for her: Dhaka
11 March, 2018 00:00 00 AM
Print

Uganda launches joint industrial park with China in Mbale

XINHUA

Ugandan President Yoweri Museveni launched on Friday an industrial park jointly developed by Chinese investors in the African country's eastern district of Mbale, reports XINHUA.

The park, covering an area of about 2.51 square km, stretches into three villages in Bukasakya sub-county.

The Chinese involvement in the Mbale Industrial Park will promote the industrialization process of the country, boost its economy and improve the living standards of local citizens, Museveni said.

Calling upon Ugandans to provide amiable hospitality towards Chinese investors, the president said the project will employ people in neighboring and far-off areas.P

Zhang Zhigang, chairperson of Tian Tang Group, a Chinese firm with 16 years of existence in the country, said he believes the park will create more than 15,000 local jobs after its completion.

"We plan to bring in 50 companies to the park, dealing in glass, furniture and machine manufacturing, food processing, smart phone and car assembly, new energy and so on," he said.

Uganda's good governance has facilitated investment of Chinese firms in the nation, Zhang said, adding that they expected to "make the park a manufacturing center for Uganda and export the products to the whole of Africa and even the world."

 

Comments

Poll
Today's Question »
State minister for power Nasrul Hamid yesterday said everyone to have access to electricity by June. Do you think the feat achievable by the timeframe?
 Yes
 No
 No Comment
Yes 55.2%
No 41.0%
No Comment 3.9%
Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
0102
03040506070809
10111213141516
17181920212223
2425262728

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting