Uganda’s Steel Rolling Mill to Provide Jobs to 1500 People

October 4, 2013 1:14 pm2 comments by:

Kampala-President Yoweri Museveni, has launched the third phase of Roofing Steel Rolling mills in Kampala which will provide 1500 jobs.
Speaking at the launching ceremony of the 3rd phase of the multi-billion state of the art plant in Namanve, he urged steel millers to form a consortium and partner with internal and external investors to exploit the iron ore reserves in the country and facilitate the building of an integrated steel industry.
The President has in the past called for industrialization as a way of creating employment for Ugandans.
The US $125 million investment on 39 acres of land is the biggest steel plant in the East African region. The plant has an annual capacity of 150,000 tons and will employ 1500 people. The total annual investment of Roofing group is estimated at US $ 400 million that would ensure a total of 3,000 jobs to Ugandans.
“I congratulate Mr. Lalani and his group for being frugal, constructing the factory, and for contributing to Uganda’s economy. I also salute the Government of Japan for her support to Uganda in various sectors. Mr. Lalani has put in place 3 phases. The only step left is linking steel industry with iron ore reserves in Uganda. I would, therefore, encourage you to form a consortium and work with colleagues from Uganda and abroad to bridge the gap,” the President said.

The Minister of Trade, Industry and Cooperatives, Mrs. Amelia Kyambadde, disclosed that her ministry was in the process of formulating a national iron and steel policy to boost the sector. She informed manufacturers that Government was enacting a law that would protect their industries.

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