CRI听力:China Investors Changing Lives of Ugandans
For 13 years the Tian Tang group has worked in Uganda, pumping 85 million US dollars into different sectors in the economy.
It’s operating one of the biggest steel and mattress manufacturing companies in the east African nation.
Wang Wentong, owner of the multinational says business in Uganda is thriving.
"There is a good investment environment in Uganda, government gives a lot of support to the investors, for example we import the material for manufacturing and enjoy the tax-free."
The Tian Tang group is changing the livelihood of over 10,000 Ugandans by providing employment.
"To the benefit of the local people, Tian Tang group is changing ordinary farmers to industrial laborers by empowering them through vocational training so that they can have better lives."
Brenda Namugolo is a University graduate who has been working here at the mattress factory for one year.
Brenda says the job has helped her provide for her family...
" As a single parent it has helped me a lot because i can be able to feed myself, even to care for other children that are there at home.."
Wang Wentong expects to expand his business empire throughout Africa.
"In the future we want to build a bigger platform to facilitate other Chinese investors to come and invest in Africa, in Uganda particularly because China now because China now has the 'go out strategy' and a new initiative called 'one belt one road' which is a good policy to encourage Chinese companies to go out and Tian Tang group is willing to provide some contribution in providing such platform."
Chinese investment in Uganda has continued to grow and currently stands at 596 million dollars providing jobs to more than 28,000 Ugandans.
For CRI, I'm IN in Kampala, Uganda.
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