Editorial
President Yoweri Kaguta Museveni has reaffirmed that Uganda’s future lies in industrialization, describing it as the surest path to wealth creation, modernization, and mass employment.
The President made the remarks yesterday while commissioning four new factories and laying the foundation for the construction of nine more at the Sino-Uganda Mbale Industrial Park.
The Sino-Uganda Mbale Industrial Park is a significant industrial development centre located in Eastern Uganda’s Mbale city.
The park, which currently hosts 73 factories with 54 already in operation employs about 11,000 Ugandans.
The commissioned four factories included; Unisteel Investment Uganda limited, Nice textiles Uganda limited, Xinlon textile and garment technology co. ltd and Timber Paper Industry Uganda Company Limited.
