KAMPALA- The Minister of Finance Planning and Economic Development Hon Matia Kasaija has signed a grant agreement worth approximately Ugx 101.3 billion with the Chinese Ambassador His Excellency Zhang Lizhong for economic and technical cooperation between the Government of Uganda and the Government People’s Republic of China.
This financial and technical support will go towards investments to achieve Uganda’s National Development Goals and the Sustainable Development Goals.
“On behalf of the Government of the Republic of Uganda, I want to extend heartfelt gratitude to the Government of the People’s Republic of China for the long-lasting technical and financial support in various sectors ranging from transport, energy and health among others,” Minister Kasaija said.
Minister Kasaija requested for continued support in the priority areas of agro-industrialization, solar power irrigation, mineral beneficiation and technology transfer.
On his part, Ambassador Zhang said that the signed economic technical agreement was brewed during FOCAC 2024 where China pledged to elevate China-Uganda relation to comprehensive strategic cooperation partnership.
He said Ministry of Finance Planning and Economic Development and the Chinese Embassy have already identified projects to jointly implement the 10 partnership actions in the next 3 years.
He said under agriculture and food security, the first batch of fish maws were exported to China, adding that the bamboo plantation and utilization industry has reached implementation stage.
Ambassador Zhang said this year alone, China will continue supporting Uganda’s health program under the malaria elimination project in different parts of the country.
