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INDIAN FIRM TO SET UP TRACTOR ASSEMBLY PLANT IN UGANDA

Thursday, 20th April 2017
Out-going High Commissioner of Uganda Amb Elizabeth Paula Napeyok inspecting one of the tractors

Out-going High Commissioner ofUganda Amb Elizabeth Paula Napeyok who led a delegation of Embassy Officialsparticipating in the ongoing Global Exhibition on Services in Noida, India,sealed the deal at the Escorts tractor manufacturing company, Faridabad, onTuesday April 18, 2017, The Company Executives who have already visited Ugandawill make another follow-up visit to Uganda in June 2017.

The Global Exhibition onServices in which the Embassy is Exhibiting Ugandan Investment opportunitiesprovides a platform to proliferating opportunities of trade in services,enhancing strategic cooperation and fortifying multilateral relationshipbetween all stakeholders. The objective is to bring all the participants,delegates, business visitors and other key decision makers from the servicesindustry and other related industry under one roof to interact and explore newbusiness avenues. 73 countries, including Uganda are participating this year.

TheFinancial year 2016/2017 saw 8 Uganda Missions abroad, including the UgandaHigh Commission in New Delhi receive a combined shs 4bn to enhance CommercialDiplomacy activities. The funds were disbursed according to proposed workplans.New Delhi Mission received shs 382,622,269 for activities under Economic andCommercial Diplomacy.
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