GOMBA – President Museveni has on Thursday 21 hosted a group of investors from California, USA, who were brought in the country by Apostle Jane Frances Cheptegei at his farm in Kisozi, Gomba district.
The group was also joined by the Rt. Hon Speaker, Rebecca Kadaga.
The investors were led by Mr Glenn Camp, the Co-Chairman and Co-CEO of Sustainable Communities Holdings and Mr Austin McDonald, the President of Genezen Energy.
Currently, Sustainable Community Holdings are setting up a factory in Budaka to manufacture building panels from agricultural waste products like rice straws where Museveni pledged a hand.
“The government will co-invest in this factory that will help lower the cost of building,” said the president.
Museveni said that there are several attendant benefits like creating jobs but also helping check environmental degradation where people cut trees to get building materials. “We have done the maths, and using their materials, building a two-bedroom house will cost about UGX17M.”
“This will help our low-tier government workers and other members of the public access decent housing, and we can support them, especially with installment payments. Teachers, the police and the army can benefit from this,” he added.
According to Mr. President, Genezen Energy have been given 50 acres of land by Iki-Iki Sub-county in Budaka to set up a factory to manufacture solar panels and recyclable LED Silicate solar batteries, which are safer than Lithium batteries.
He lauded Pastor Cheptegei for courting these investors.
“She is walking in Jesus’ footsteps. A church leader should not just preach but practically demonstrate to your flock what they should do especially in fighting poverty,” he said.