Vivo Energy Uganda, the company that distributes and markets Shell-branded fuels and lubricants in Uganda, together with the Chinese business community have held a business forum to discuss greater partnerships and investment opportunities in Uganda.
The forum, held on 18th May 2018 at the Sheraton Hotel Kampala, was graced by the Executive Director, Private Sector Foundation, Mr Gideon Badagawa and the Economic and Commercial Counsellor, Office of the Embassy of the People’s Republic of China in Uganda, Mrs. Zhao Xiufen. It brought together members of the Chinese business community to celebrate their achievements resulting from the partnership with Vivo Energy Uganda and to discuss further investment opportunities.
Gideon Badagawa encouraged the Chinese community to continue doing their best to share technical knowledge with Ugandans during the life of their projects to encourage technology transfer and long-term skills development of the younger population of Ugandans who make up the majority of the population while Gilbert Assi highlighted that Vivo Energy is a Pan African company with a focus on fuelling Africa’s future.
Furthermore, Vivo Energy Uganda’s Commercial Manager George Kibondwe said, For more than ten years, we have enjoyed rewarding business relationships with the Chinese business community through serving customers with Shell products.
Today in Uganda, China has been reported as the largest foreign investor. The investment by Chinese investors in 2017 was estimated at over $300m with an estimated 20,000 local jobs created.
We shall keep you posted.
