Uganda`s industrial sector flourishing due to correct policies

During the month of August, President Yoweri Kaguta Museveni attributed Uganda’s flourishing Industrial sector to the good policy decisions made by the national Resistance Movement (NRM) government. “In many of our tribes we say wisdom is stronger than strength. When we look at these Industrial Parks, we
can see the importance of a correct policy.

Today we commissioned 16 factories and then we made a groundbreaking for another 9, so that is 25, and you
remember this site here was a bush some years ago but now we have a labor force of 2,000 with 36 factories here. All this is because of policy decisions, but policy decisions use our resources because the stimulus that brings investors here is the market,” President Museveni expounded. The President made the remarks while commissioning 16 factories and groundbreaking for the construction of 9 new ones at Sino Uganda- Mbale Industrial Park in Mbale City.

Currently, the Sino Uganda-Mbale Industrial Park has 36 factories composed of; 20 factories in operation, one factory destroyed by fire, 5 factories under construction and 12 at a stage of assembling plant and machinery. He also explained that the government of Uganda created a conducive environment that has enabled investors to come and invest in the country. The President also reassured investors of a ready market for their products. “These investors have spectacles that enable them to detect where there’s money. It’s upon us to provide a conducive environment that enables whoever wants to invest to come. That is our role. With a proper policy, everything does itself, that is why a person you least know