China has emerged as the leading source of foreign direct investment (FDI) in Uganda for the just concluded 2009/2010 financial year despite the global economic downturn, said a report released on Thursday.
According to the Uganda Investment Authority (UIA) report ranking the country's sources of investment for the 2009/2010 financial year, China established 31 projects in the East African country with a total planned investment of 245 million U.S dollars, creating 5,568 jobs.
No comments:
Post a Comment
No adult content please.
Articles accepted having references.
No advertisement accepted.