PRESIDENT MUSEVENI POSITIONS INDUSTRIALIZATION AS KEY DRIVER FOR UGANDA’S TRANSFORMATION

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. The nine factories to be constructed include; Elgon Steel Uganda Limited, Myno Technology Company Limited, Shengtang Machinery Manufacturing Limited, Yangtze Industry Limited, Futian Hardware Uganda Limited, Planetic Industries SMC Limited, Hai Lan Industries Limited, Aofan Garments Company Limited, and Hercules Automobile Manufacturing Uganda Limited. During the commissioning, the President explained that from the beginning the NRM’s vision was clear and that without a clear vision a country cannot move forward. He explained that developed countries have fewer people in agriculture but more in industries and services, urging Ugandans to embrace the same shift. “In the USA, only 2% of the people are in agriculture. Here you still have many Bagisu in the mountains on one acre of land that is not sustainable. We must shift more people into industries and services. That is part of modernization,” he said. Recalling his teaching years in the 1970s, the President said: “ In the 1970s, I was teaching economics. I took time to teach at Moshi Cooperative College for two years, and one of the subjects I used to teach was economics, and one of the topics was characteristics of backwardness. And one of them was finding too many people in agriculture.” The President noted that industrial parks like Mbale are transforming Uganda from towns of shops into towns of industries, producing goods once imported from abroad.

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