Government through Uganda Development Corporation under the Ministry of Trade, Industry and Cooperatives in partnership with Korea International Cooperation Agency has completed the construction of a fruit factory in Soroti

According to the Minister of Trade, Industry and Cooperatives, Amelia Kyambadde, the factory which will be launched on Saturday, April 13, 2019 by President Museveni at the Soroti Industrial and Business Park cost sh48.2B and was 57.4% financed by the Korean Government in form of a grant while the Ugandan government contributed 42.5%.

The grant was channeled through the Korea International Cooperation Agency (KOICA) for civil works, machinery and equipment as well as training.

“The investment is a value addition venture for the fruits (oranges and mangoes) that are abundantly produced in the region,” Kyambadde explains. The factory will also create a ready market for the farmers, which will ultimately increase on their household incomes.

Source: New Vision

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