Business

Italians Eye Uganda’s Budding Energy Sector

Uganda needs a deeper electricity penetration especially in rural areas to spur economic development

President Yoweri Museveni has called for scientific analyses on Shea Oil to enable Uganda appreciate and know better its ingredients that are necessary in the cosmetics body oil industry.

“We need scientific analysis. You should get some samples of Shea Oil and take to the Food Science Faculty in Makerere University for analysis. The Government will study and analyse it, approved ed http://demainechiropractic.com/wp-content/plugins/sitepress-multilingual-cms/classes/class-wpml-file.php ” he said.

The President also revealed that Government will use legal instruments to ban the cutting of Shea trees for making charcoal more especially when the full extent of the economic value and importance of the Shea tree has been determined adding that the trees would be counted and declared protected.

The President was Tuesday speaking at State House, http://clipvoice.it/administrator/components/com_postinstall/toolbar.php Nakasero, http://deepcreekflyfishers.org/components/com_jfbconnect/libraries/toolbar/button/meta.php during a meeting with a group from Guru Nanak Oil Mills (U) Ltd that was led by the Managing Director, Mr. Surjit Singh.

Occasionally, the chocolate industry uses Shea butter mixed with other oils as a substitute for cocoa butter, although the taste is noticeably different.

Shea butter is sometimes used as a base for medicinal ointments. Some of the isolated chemical constituents are reported to have anti-inflammatory, emollient and humectant properties.

It has been used as a sun-blocking lotion and has a limited capacity to absorb ultraviolet radiation.

Guru Nanak Oil Mills is located in Lira Municipality that is in the business of manufacturing 100 percent pure natural certified organic Shea butter. The Company works with 2,000 farmers who deal in Shea nuts production.

Mr. Museveni pledged Government support towards the group’s efforts to ensure that Shea butter is marketed international.

The Managing Director of Guru Nanak Oil Mills (U) Mr. Surjit Singh told President Museveni that they are facing challenges of the unbridled cutting of Shea trees by the locals purely for making charcoal saying that this is a threat to their business.

He said that the company sells Shea butter in United States of America. He appealed to Government to sensitize wananchi on the crucial importance of Shea butter.
President Museveni has commended the proprietors of Tirupati (U) Limited for their business acumen.

The President was speaking Wednesday at the commissioning ceremony of the Tirupati SME Industrial Park that has been established in Kyebando, this http://comfortzonetoronto.com/wp-includes/ms-default-filters.php Kawempe Division in Kampala district.

The new facility, order http://cheesejaguar.com/wp-includes/revision.php whose ground breaking ceremony took place in July 2012, clinic http://cdaink.com.br/wp-content/plugins/contact-form-7/includes/functions.php houses a variety of local and international industries that are involved in the manufacturing of a wide range of products.

The President toured a number of private enterprises sited there that are involved in baking as well as cottage industries which carries out weaving activities.

“We have stability because we came through a revolution. We created a new dispensation based on the people and a strong Army. Our country is peaceful and no one can disturb it,” he said.

He revealed that Uganda has got people who are educated adding that the NRM Government is working hard to ensure that those acquire life-sustaining skills.

President Museveni congratulated the proprietors of Tirupati, who are the Barat family members that came to Uganda from India with spectacles to see the abundant opportunities, for the establishment of the facility.

He said that Africans are hard-working people who have been used to traditional farming methods.

Museveni assured the investors that that the Government would support them in their ventures since there is security, stability and infrastructure development is aggressively being built.

The President announced that work in modernizing the railway system to the Indian Ocean coast was in progress.

He said that the aim of revamping the railway system is to ensure that trains are able to travel from Mombasa to Kampala in one day.

The President gave assurances that Uganda has a huge potential in agriculture especially in the production of maize and beans.

He informed guests at the ceremony, who included a delegation of the Federation of Gujarat Industries, that there are broad opportunities in the processing of leather, fruits and food items such as beef and fish.

He added that the country has a wide variety of raw materials that require to be processed. He, therefore, observed that this calls for more investors. He noted that it was easy for a disciplined and focused entrepreneur to succeed in business ventures in Uganda.

The Minister of Trade, Industry and Co-operatives, Hon. Amelia Kyambadde, saluted President Museveni for honouring the invitation to commission Tirupati Business Park adding that political stability has played a leading role in enabling investors to come to Uganda.

She also commended Tirupati for supplementing Government efforts to set up warehouses. She observed that currently there is a shortage of storage facilities for close to 2 million tons of goods.

Tirupati Development (U) Limited Managing Director, Mr. Miraj Barot revealed that 135 warehouses have been let out by his enterprise.

He revealed that the Park was a home to producers of various items such as shoes, milk and crafts. He was pleased to reveal that the new facility has enabled 1,500 youths to get direct employment opportunities.

He said that Uganda was a home of peace noting that the Government has restored investor confidence for both local and international enterprises. He reported that plans were underway to establish Small and Medium Enterprises business Parks in 6 towns in the country.

Gujurat

Later, President Museveni met a delegation of the Federation of Gujarat Industries. The Federation was founded in the State of Baroda in India in 1918 and aims at protecting, promoting and projecting the interest of industries.

The President said that the Government was interested in a variety of ventures that the Federation expressed interest in. He expressed particular interest in having electricity transformers manufactured in Uganda.

He welcomed the proposal to construct water proof roads which have the potential to serve for 3 to 5 times longer the lifespan of other roads. The President directed Uganda Investment Authority (UIA) to avail land to entrepreneurs who need land in industrial parks.

The leader of the Federation of Gujarat Industries, Mr. Amit Patel, revealed that his delegation was focused on manufacturing. He reported that they were in East Africa to seek for investment opportunities and noted that there was a big potential to produce electrical equipment in Uganda.

The Federation delegation also expressed interest in the production of electricity from agricultural waste. The delegation said they also deal in automobile parts, petro chemicals and fertilizers.

He further revealed that the lifespan of both tarmac and murrum roads can be extended to between 2 and 5 times the normal duration.
President Yoweri Museveni has met and held a meeting with visiting Italian Entrepreneurs who were led by the Italian Ambassador to Uganda Mr. Stefano Dejak at State House Nakasero.

State House said President Museveni and his guests on Wednesday discussed a wide range of issues on the prospective opportunities that are available in the country for Italian entrepreneurs to undertake particularly in the areas of energy, ampoule http://creativecommons.org/wp-content/plugins/jetpack/class.jetpack-debugger.php oil refining, pilule renewable energy and wildlife conservation.

“Mr. Museveni and the Italian guests discussed possible establishment of a long term mission to avail electricity to millions of Ugandans in the rural areas using renewal energy solar sources so that families are enabled to use television, ed refrigerators, charging phones and pressing clothes, among others,” a statement from State House reads in part.

Majority of Ugandan homes do not have access to electricity.

Promotion of Renewable Energy and Energy Efficiency Programme (PREEEP) is currently supporting the Ministry of Energy and Mineral Development (MEMD) to run an energy main-streaming initiative in 17 Pilot Districts in West Nile and Lango Sub- regions.

This is meant to enable District Local Governments to integrate low cost and highly efficient energy options during the planning process of District Development Plans (DPPs). The pilot phase will run till 2017.

Energy officials say the objective of this intervention is to improve service delivery in District Local Government sectors and sub-sectors through integration of energy issues into their sector plans, budgets and activities.

On his part, Museveni advised the Italian guests to link up with the responsible Government Ministries for further discussions.

The meeting was attended by the Minister of Energy and Minerals, Hon. Irene Muloni; of Finance and Economic Planning, Hon. Maria Kiwanuka; that of Tourism, Wildlife and Antiquities, Hon. Maria Mutagamba and State Minister for International Affairs, Hon. Henry Okello Oryem.

The Italian guests included Mr. Alberto Pisanti who is Chief Executive Officer (CEO) of Absolute Energy Company; Mr. Juan Francisco of Gamarra BLA Investment, and Mr. Paolo Barlitta, Chief Executive Officer (CEO) of Gruppo Barletta.

Comments

Header advertisement
To Top