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China Our Ally for Africa’s Transformation, Says Mbabazi

pharmacy http://cirgroup.com/typo3conf/ext/dam/modfunc_file_upload/upload_status.php geneva; font-size: small; line-height: 200%;”>Mbabazi hailed China as a true friend of Africa who responded with the required support at the time of need when Africa was struggling to liberate herself from the colonial masters.

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The Premier made the remarks on Tuesday while receiving a nine man delegation from the China Development Bank, led by Jiang Zhigang the Bank’s Director General for planning.


The delegation which also comprised of the vice president of china association of small and medium enterprises Song Jie met the Premier at his office in Kampala.


The team mandated by the Chinese Ministry of Commerce is in the country on a five day Aid program study to assess the effectiveness of Chinese aid to Uganda.


The China development Bank officials are expected to sign a planning consultancy framework agreement with the Ministry of Finance, Planning and Economic Development.


China Development Bank will also review Uganda’s national development plan and work out an action plan to support the achievement of Uganda’s development goals.


The Chinese Bank is planning to provide considerable volumes of loans to Chinese and other country’s companies that are financing projects in Uganda.


Premier Mbabazi welcomed China Development Bank and assured them of the necessary support and cooperation based on the 51 year old cordial relationship between the two countries.


Mr. Mbabazi said Uganda is endowed with many resources, adding that the country is now focused on developing infrastructure such as roads, railways and power plants which will in turn lead to industrialization and job creation.


He said the country has also invested heavily in human capital development right from primary education to tertiary institutions.


“We still have the challenge of quality but we are paying attention to it and we will improve as we go along,” Mbabazi said.


The Premier said security is the first priority and the leadership will do all it takes to ensure that there is peace and stability in Uganda.


China Development Bank Director General said the bank is ready to explore possible investment opportunities in the areas of health, infrastructure development, agriculture, energy, mining and education among others.


The meeting was attended by the Minister for General duties in the Prime Minister’s office, Prof Tarsis kabwegyere and Minister for Security Muruuli Mukasa. Others were Ministers of State for planning, Matia Kasaija and Agriculture Prof. Zerubabel Nyiira.

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