President Yoweri Kaguta Museveni on Thursday commissioned nine factories at Namunkekera Industrial Park at Kapeeka, Nakaseke District.
The factories are manufacturing concrete products, agricultural products, food items, electrical appliances, shoes and fishnets among others.
This Industrial park is proof that when you sort out certain issues, development happens, Museveni said.
With the peasants in Luweero here, Museveni said he launched a struggle that birthed peace and stability, resulting into the investments now.
This investment is also made possible by government’s deliberate policy to promote liberalisation, enabling private investors to put money where they see opportunities.
“We are also making a case for market integration so that ultimately, these products have adequate market. It explains our push for a vibrant EAC, COMESA and strong links with partner countries like China, the EU among others.”
Museveni thanked Mr Zhane Hao, the Managing Director of Liao Shen, who is at the helm of this initiative (the park).
“I am also happy to note that the factories here are contributing to value addition, buying maize, mangoes and other fruits from the population.”
The 16 factories so far employ 2,500 people directly and the projection is 8,000 in the next few years.
Additionally, government will rehabilitate Kapeka Secondary School and Butalango Technical College so that they supply human resource to the industrial park.
On the environment, NEMA will have to come and advise on factories that produce fumes, but also the locals should vacate swamps and stop cutting trees.
“I congratulate Liao Shen group and the people of Kapeeka for this achievement, I am optimistic that with these good policies and available peace, we shall achieve more.”