Dismiss Notice
You are browsing this site as a guest. It takes 2 minutes to CREATE AN ACCOUNT and less than 1 minute to LOGIN

Museveni explains return of Asians

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by ByaseL, Jul 28, 2009.

  1. B

    ByaseL JF-Expert Member

    #1
    Jul 28, 2009
    Joined: Nov 22, 2007
    Messages: 2,218
    Likes Received: 12
    Trophy Points: 135
    By Vision Reporters

    PRESIDENT Yoweri Museveni has said he invited back Asians who were expelled by dictator Idi Amin in 1972, because he knew their contribution to the economy.

    Commenting on businessman Sudhir Ruparelia’s presentation on how he built Speke Resort Munyonyo, Museveni told delegates at the opening of the 19 Smart Partnership diologue on Sunday that Asians contributed a lot to the country’s total value of goods and services (GDP).

    “Sudhir belongs to the immigrant community which Amin had chased away. Obviously, he (Amin) did not know the importance of GDP, that’s why he chased the Asians. But for us who understand that a higher GDP equals success, we called them back,” he explained.

    In his presentation titled “Transformation of Munyonyo; how it happened”, Sudhir said his initial idea was to build a small getaway, where families could spend weekends quietly.

    He narrated that he started the project on seven acres of land, but had now expanded to 150 acres.
    “It was a simple house which expanded bit-by-bit, and when occasions arose, we built cottages to accommodate heads of State. Now we are the biggest resort in the country,” he said.

    Museveni later hosted his guests to a dinner where the Police brass band and an array of traditional dancers entertained them.
    He said it was only through regional integration that Africa’s socio-economic transformation could be achieved.

    Museveni noted that many other international fora and think tanks often push the interests of the initiator, which was not the case with Smart Partnership.

    Zambian President Rupiah Banda said the challenge the partners faced was limited capacity to implement their programmes.
     
Loading...