Uganda: Govt to Expand, Modernise Soroti Fruit Factory in Shs 107 Billion Boost for Teso Industrialisation

Uganda: Govt to Expand, Modernise Soroti Fruit Factory in Shs 107 Billion Boost for Teso Industrialisation

In a landmark move to drive industrialisation and economic transformation in the Teso sub-region, the Ugandan Government has announced major plans to expand and modernise the Soroti Fruit Factory. The ambitious project is estimated to cost Shs 107 billion (USD 30 million).

Gov’t To Revamp Soroti Fruit Factory With UGX 107.211Bn Investment » Business Focus

Ramathan Ggoobi and team during the visit to Soroti Fruit Factory The Secretary to Treasury, Ramathan Ggoobi has revealed plans to expand and modernise Soroti Fruit Factory in partnership with a management firm from Ethiopia. The deal to revamp the factory is likely to cost US$30Million (UGX 107.211Bn) despite the initial UGX100Bn investment failing save the factory from collapse. Ggoobi made the revelation over the weekend during an oversight v…