Ugandan investors keen to start business here

Dharma Sri Abeyratne

Ugandan entrepreneurs of are keen on investing in Sri Lanka, Ugandan President Yoweri Kaguta Museveni said. President Museveni was addressing media yesterday in Colombo.

He said, following his state visit to Sri Lanka several MoUs were signed between the two countries. Ugandan investors will commence business entities in Sri Lanka in future especially in the fields of agriculture processing, energy and information technology.

The Ugandan President stated that, it is significant that the terrorism has been wiped out under the guidance of President Mahinda Rajapaksa.

President Museveni highlighted the cordial ties between the two countries and the necessity to further strengthening the close ties between the two countries.

He further said that there should be a cordial linkage and solidarity between Africa, Asia, South America and South Asian regions. President Museveni appreciated the services rendered by the Sri Lankan President to build a vocational training centre at a cost of US $1.5 million.