back to top
HomeBusinessIran To Start A Tractor Manufacturing Plant In Uganda

Iran To Start A Tractor Manufacturing Plant In Uganda

Published on

- Advertisement -spot_img

The government of Iran has revealed plans to start manufacturing tractors in Uganda.

The Iranian Ambassador to Uganda, H.E Seyed Morteza Mortazavi, told the Speaker of Parliament, Rebecca Kadaga, that a team of Iranian manufacturers had visited different stakeholders in Uganda earlier this year, and was moved by the potential the country possesses in the agricultural sector.

H.E Seyed Morteza Mortazavi met the Speaker at Parliament Building on Thursday 12 December 2019.

He promised to provide financial support as well as technical expertise to Ugandans to begin the manufacture of tractors.

He expressed the desire of Iranian Parliament to form friendship associations with Parliament of Uganda, saying it is the desire of the Speaker of Parliament of Iran, Ali Larijani to strengthen the ties before his term end.

The Parliamentary friendship groups, Mortazavi said will be part of the wider strategy of strengthening friendship between Uganda and Iran. He further revealed that currently his team is organizing an official visit of the Iranian President to Uganda, upon the invitation by Premier Ruhakana Rugunda.

Speaker Kadaga welcomed the pledge saying that the manufacture of tractors was a proper investment in a country that is dominantly agricultural.

“We are an agricultural country, we will be happy for this kind of venture so that we manufacture tractors for our own use and export to our neighboring countries that are similarly agricultural,” said Kadaga.

Kadaga pledged cooperation from Parliament of Uganda but noted that a memorandum of understanding between both Parliaments will be required to regularise the friendship groups.

Related

Black Wall Street Community Opens Doors To Africans Worldwide In Push For Shared Wealth Creation

The Black Wall Street Community has officially opened its membership to Africans across the...

Regional Industrialisation Conference 2026 Set to Attract 800+ Delegates to Kampala

The Private Sector Foundation Uganda (PSFU), together with the Alliance for a Green Revolution...

Le Brunch de Paris Debuts in Kampala with Luxury Parisian Flair

Kampala’s upscale social calendar is set for a stylish highlight as Le Brunch de...

UTB Unveils Cultural Tourism Push as Spice Explores Buganda Heritage Ahead of Concert

Jamaican dancehall Queen Spice has visited the seat of Buganda Kingdom at Bulange Mengo...

More from The Capital Times

Business Boom In Namugongo Ahead Of Martyrs Day

Business has picked up this morning at Namugongo Martyrs shrine according to traders. The...

Here is why the Faras Uganda is the Ultimate Convenience Mobility App for Every Ugandan

Kampala, Uganda – In a fast-paced world where time is increasingly precious, Ugandans are...

Museveni Inaugurates De Heus State Of The Art Fish Feed Factory In Njeru, Buikwe

Njeru, Jinja: De Heus Animal Nutrition, a global leader in animal feed solutions, has...