The African Resource Network (AfResNet)

MANAGED BY

Whitehouse & Associates

Mbendi Information Services

Subscribe
If you wish to send an E-mail message regarding this news item click the 'Respond' button at the foot of the page
International Trade News - Item [103174]: News Release
German company to build Inland port on Lake Victoria
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.
Topics: Investment Countries: Uganda
Industries: Trading; Transport and Storage
Reference: AllAfrica Contact E-mail Address: YES
Date Posted: 02.Oct.2009 07:47:00 [GMT+2:00] Expiry Date: 27.Sep.2019
© AfResNet