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China-Africa Trade Information Service
Ugandan Prime Minister Ruhakana Ruganda, on behalf of President Yoweri Museveni, launched the groundbreaking ceremony for the construction of the project, dubbed machining and manufacturing center, at the Kampala Industrial and Business Park in Namanve.
Uganda plans to import at least 320,000 tonnes of coal from Tanzania each year in order to support its iron and steel industry, according to the National Planning Authority.
Uganda has set tougher terms for new entrants in its oil and gas sector, where profits and losses will be shared in line with prevailing oil prices.
The goal of the Black Industrialists Programme is to accelerate the growth of Black Industrialists who are actively participating in the national economy, selected industrial sectors and value-chains
As River Nile, the longest in the world, snakes through central Uganda, Chinese engineers and their local counterparts are constructing a multi-million US dollar power plant on its bank in the remote Kayunga district.
The leaders of Tanzania and Uganda on Saturday laid a foundation stone for the construction of a Sh360.5 billion crude export pipeline that would pump Ugandan oil for international markets.
President Museveni and his Tanzanian counterpart John Pombe Magufuli, last Saturday laid the first foundation stone for construction of the proposed East African Crude Oil Pipeline (EACOP), for the development of the multi-billion dollar project within the stated timeframe.
Uganda needs to foster a higher level of industrial development to drive its economic transformation, the United Nations Economic Commission for Africa (UNECA) advised.
UGANDA - Access Solar Uganda Limited, one of the four companies lined to supply that national electricity grid with solar power, will start operating in the course of this month.