TEHRAN – A Ugandan delegation has paid a courtesy call to Happyland factories, a top Iranian textile manufacturer to identify potential opportunities for future investments.
The Happyland company partners with investors in the clothing industry, as the firm seeks to promote Iran’s economy and more appropriate responsiveness to domestic and International markets with a fiscal valuation approach to promote this process.
The visit was attended by officials from the Ugandan Embassy in Iran who included; The Economic Affairs Officer Mr. Dennis Tumukunde and Mr. Soliman Kizito, who were accompanied by Mr. Gholizadeh.
The officials visited the production sections of the company and applauded the capabilities of this Iranian garment industry to support domestic and global markets.
Mr. Kizito pledged that Uganda will in the near future provide part of the yarn and cotton needed for garment production at the Happyland factory.
Mr. Tumukunde also welcomed the products under the “Rooh” brand which he suggested could open a branch for the franchise in Uganda.
He further noted that such an approach will add value to the economic growth of both countries as third parties will be eliminated thus enabling direct delivery of products to the final consumers.
Happyland has over the years grown into one of the leading manufacturers of clothing in Iran with a work-force of over 1,500 employees.
The company boasts of more than 50 active branches in Iran alone. It is also a successful clothing exporter and has been internationally recognised with an eko-tex 100 certificate.
Officials from the Ugandan Embassy in Tehran were invited by the Iranian Chamber of Commerce to enhance economic relations between the two countries.
At a meeting with Ambassador to the Islamic Republic of Iran, Kuttsa a added that Uganda is working to provide the necessary facilities to attract investment and cooperation of foreign companies, and invites interested Iranian companies to invest in this country.
In this visit, the Iranian Ambassador announced the invitation of Foreign Minister Mohammad Jawad Zarif and his Ugandan counterpart to visit Tehran.
The Ugandan Foreign Minister Sam Kutesa expressed appreciation for the invitation by his Iranian counterpart who are scheduled to meet in the next few months.