20 November 2012

Uganda: Kuwait Investors to Construct Cement Factory in Budaka

President Museveni is taking the drive to economic boom by the horns like he preached in his last state of the nation address that the best times for the country lay ahead.

Hardly a week after he went to Sri Lanka to preach the investment gospel, he has broken ground for the construction of a cement factory that will be two times the size of Hima Cement Factory in Kasese.

A Saudi Arabian company, DAO GROUP of Kuwait, will construct the factory at Daka village in Budaka District. It will produce 5000 tons of cement.

Museveni breaks ground for the factory as Finance Minister Maria Kiwanuka, Saudi Arabia DAO Group Partner Shafi Bin Hamad Al-Bajash, Group President Mohamad Aoun (extreme right), Kuwait Ambassador to Uganda, Rashed Al-Hajri chher him on Tuesday. PPU photo

The cement factory will provide 10,000 jobs direct and indirectly for Ugandans.

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