Uganda Business News: Uganda to benefit from Hong Congo African investment

First published: 20091203 1:23:26 PM EST

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Uganda is set to benefit from the 30 billion shillings which the government of Hong-Congo is planning to invest in Africa.

The Assistant Executive Director of the Hong Kong Trade Development Council, Raymond Yip says their country is interested in increasing tea and fish exports from Uganda.

Yio adds that the statutory organization responsible for promoting and developing the Hong -Congo's external trade is interested in exploiting investment opportunities in Uganda.

He says that such investments will also go a long way in building trade relations between Uganda and Hong Congo.

The bilateral trade valve between Uganda and Hong Congo is 25 billion shillings per year.



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