Wednesday, April 30, 2014

UGANDA: Turkish Firm Eyes Uganda Cement

Kolin Construction, a Turkish-owned tourism and trading company has expressed interest in Uganda's cement manufacturing industry after noticing an abundance of raw materials.

The company Chairman Naci Kologlu who met President Yoweri Museveni last week, said they have successfully worked on construction of the Hoima- Tonya road in Bunyoro Sub-Region in Western Uganda. This is one of the many projects they are handling in Uganda.

"There are many opportunities and we think the cement industry is still not so crowded," Kologlu said.

President Museveni asked them to tap into the abundant opportunities that Uganda has in value addition of agro-products and minerals.

He specifically urged them to work out projects in relation to value addition to the maize crop that Uganda produces, leather and minerals such as cement and iron ore. He also concurred with the proposal to build hotels to cater for the budding tourism industry.

"The government is ready to help you build a hotel in Kampala and we shall facilitate you to establish a cement factory in the country," said Museveni.

The president also met Sseko Designs Shoe Industry, based in the United States of America, who manufacture and export ladies shoes to the United States of America. The company is based in Kyebando a Kampala suburb.

According to Ashley Paulus, the company's Operations and Programmes Manger they currently produce 8,000 units per month valued at $300,000.

The company, she added, employs a work-force of women only with particular emphasis on those that are disadvantaged socially and physically such as people living with HIV/AIDS and widows among others.

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