President Museveni challenges Ugandans to utilise Kapeeka industrial park
During the event, farmers requested financial support for their SACCO amounting to UGX 4.4 billion to increase production capacity.
President Yoweri Kaguta Museveni has urged communities surrounding Kapeeka Industrial Park to take full advantage of the opportunities it offers in order to market their products and boost their household incomes.
The President made the remarks today while officiating the opening of a two-day trade fair at Namunkekera Agro Processing Limited in Kapeeka, Nakaseke District.
The President expressed gratitude to Gen. Salim Saleh for his visionary foresight in securing land for investment, which led to the establishment of the industrial park.
He also thanked the investors who responded positively to his call to invest in Uganda, recognizing their significant role in the country’s economic growth.
During the event, farmers requested financial support for their SACCO amounting to UGX 4.4 billion to increase production capacity.
President Museveni also addressed the issue of land conflicts, assuring veterans that no one will be forcibly evicted from their land and pledged to meet with Gen. Salim Saleh to resolve the disputes.
The Vice President, Her Excellency Jessica Alupo commended Kapeeka Industrial Park for supporting Uganda’s import substitution efforts and for creating trade opportunities. She acknowledged the investors’ contribution to economic transformation and praised Gen. Salim Saleh for his patriotic spirit in executing the President’s vision for the industrial park.
Hon. Francis Mwebesa, the Minister of Trade, Industry and Cooperatives lauded President Museveni for championing industrialization, which has been instrumental in driving Uganda’s economic development.
Hon. Alice Kaboyo, the Minister of State for Luwero Triangle and Rwenzori Region underscored the historical significance of Kapeeka, once known for war, but now transformed into an industrial hub. She thanked President Museveni for his visionary leadership that brought about this transformation.
Hon. Evelyn Anite, the Minister of State for Investment and Privatization, attributed Uganda’s positive economic trajectory to President Museveni’s leadership. She urged Ugandans to embrace the Buy Uganda, Build Uganda (BUBU) initiative, highlighting that supporting local products increases national revenue and creates jobs.
She pointed out that Kapeeka Industrial Park currently employs over 15,000 people, significantly reducing unemployment.
