Home » News » Uganda news » President Museveni Presided Over The 6th Round Of The Annual Presidential Investor’s Round Table
museveni

President Museveni Presided Over The 6th Round Of The Annual Presidential Investor’s Round Table

President Museveni chaired the 6th round of the annual Presidential Investor’s Roundtable (PIRT) today at State House Entebbe.

Check alsoSenior Police Officer Siraj Arrested For Robbing Shs 1.4B From Korean Investors

You our wananchi were represented by respective officials of Government agencies and departments, international and local private sector representatives in sectors of Tourism, Agriculture, Minerals, oil and Gas and Transport.

The overall aim for this meeting is to improve Uganda’s competitiveness in the world economy. This is a very useful forum where we interface and get free consultancy that inject energy in an otherwise laid-back way of doing things,’’Museveni said.

By the end of our engagement, we resolved on a number of issues but I would like to highlight three;

  1. The cost of electricity for manufacturing is currently at 8 cents per unit and it shall go as low as 5 cents for big, medium and small enterprises.
  2. While we have improved the major road network, there is need to make new and cost friendly means for cargo. That means the biggest pusher will be the railway and water transport.
  3. We are taking steps to reduce cost of money(interest rate) and cost of internet for our people in manufacturing, agriculture and some elements of services.

Check also;

This is not a Paywall, but Newslex Point's journalism consumes a lot of time, hard-work and money. That's why we're kindly requesting our readers to support us in anyway they can, for as little as $1 or more, you can support us .

Please use the button below to contribute to Newslex Point, Inc. using a credit card or via PayPal.

Donate Button with Credit Cards

Comments

comments

Loading...

About lukwago J

Posted by LUKWAGO. J: He's a writer, editor, blogger, affiliate and a web developer, he loves thinking creatively and finding new ways to implement different programming ideas.
Loading...
x

Check Also

19 Army Generals Cleared To Retire, Sejusa Missing On The List Again

Gen. David Sejusa said there is no point for him to appear on the list ...