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President Museveni Discusses Investment in Uganda with Chinese Company


President Yoweri Kaguta Museveni held discussions on Wednesday with a delegation from China-based CN Light Technology, expressing interest in investing $30 million in a computer and IT accessories assembly plant in Uganda. The meeting, hosted at State House Entebbe, was attended by Ambassador Kilonzo Kiema, Li Kaifu the CN Light President, Li Hong, CN Vice President, and Martin Grabler the Senior Project Advisor.

President Museveni extended a warm welcome to the delegation, emphasizing the government’s commitment to supporting such initiatives.

In a separate engagement, President Museveni met with Ambassador (Rtd) Mohamed El-Hamzawi, a former Egyptian diplomat in Uganda, accompanied by a consortium of Egyptian private sector companies. This consortium, comprising Samco-National Construction Company represented by Eng Ibrahim Mabrouk, Khater Sports represented by Eng. Yehia Radwan, Estadat Holding company, and El Raied International Engineering Consultants, expressed interest in developing sports infrastructure and facilities in Uganda.

Discussions revolved around the construction and management of stadiums and sports facilities in Uganda, with El-Hamzawi affirming their readiness to support the development of sports facilities in the country.

This development coincides with the successful East Africa Pamoja bid to host the Africa Cup of Nations 2027, highlighting Uganda’s growing appeal as a hub for investment and sporting events.

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Monica Mbabazi is a celebrated multimedia Ugandan Journalist currently working as a news anchor on Top Radio and BTM Television. She is also a writer with Plus News Uganda.

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