Monday, November 26, 2007

China to build EA state $10m car assembly plant

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By BENON HERBERT OLUKA
Special Correspondent

Uganda will start assembling vehicles and motorcycles in January 2008 in a joint venture that will see the Chinese government and Chinese automobile manufacturer, Geely International play a crucial role.

The three have formed MFK Corporation to run the project, for which the government will provide the enabling environment while the Chinese will provide the technical expertise.

Uganda will be the third country in East Africa to have an automobile assembly plant after Kenya and Tanzania.

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