We welcome your comments on New Europe's articles and posts. It is our hope that you will use this forum to interact with other readers around the world. In order to keep this experience interesting, we ask you to follow the rules outlined in the terms and conditions.
By submitting comments, you are consenting to these terms and conditions. While NEW EUROPE encourages discussion on all subjects, including sensitive ones, the comments posted are solely the views of those submitting them. NEW EUROPE does not necessarily endorse or agree with the ideas, views, or opinions voiced in these comments.
NEW EUROPE welcomes constructive discussion but discourages the use of copy-pasted materials, unaccompanied links and one-line slogans. This is a moderated forum.Comments deemed abusive, offensive, or those containing profanity may be edited or not be published.
The European Political Newspaper
National News
Turkish investors mull business opportunities in Uganda
A delegation of Turkish investors headed by the ASB Group Chief Executive Officer (CEO) Sitki Ayan recently paid a visit to Uganda, Zaman reported.
The Turkish Ambassador to Uganda Melih Ulueren accompanied the entrepreneurial delegation. During a meeting with Uganda’s President Yoweri Museveni at State House Nakasero, the delegation discussed several issues related to business opportunities in Uganda particularly the creation of a special economic zone. The delegation affirmed to the president that their company is willing to invest in Uganda outlining areas of processing and exporting Uganda coffee as well as meat processing. Uganda and Turkey have inked a bilateral trade agreement that will formalise the business traffic between the two countries. After the agreement, first joint economic commission of a Ministerial session was held in Kampala.
Museveni invited the Turkish entrepreneurs to invest in the agro-processing sector saying that the area is still largely unexploited. In addition he said that investment in this sector would provide a good opportunity to do brisk business for the benefit of Uganda and their company as well. Turkey has adhered to helping Uganda focus on industrialisation where Turkey extends technical support and technological transfers to assist Uganda’s textile industry and goods standardization, among others.
The Turkish delegation also informed that training programmes would be provided to Ugandan farmers on the issue of modern irrigation systems, agricultural extension and the use of agricultural equipment and machines.
Taxonomy
More in National News
1 of 2
New Europe Headlines
1 of 3
Most Commented