A Germany-based company, Gauff Engineering, has expressed interest to construct a modern inland port on Lake Victoria to handle the country's exports and imports.
This was contained in a discussion between Gauff Engineering Administrator, Markus Gauff and the Vice President, Prof. Gilbert Bukenya, which took place at the Parliamentary VIP lounge in Kampala last week.
Prof. Bukenya welcomed the executives of Gauff to Uganda and affirmed that the country needs such an investment to boost economic activities and trade with the neighbouring countries as well as save on the freight charges on road transport across the borders.
The Vice President pledged full government support to the investors and informed them of viable investment opportunities in other sectors like food and fruit processing.
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