Government of Uganda has this afternoon signed a memorandum of understanding with London based Hinduja Group of Companies on a number of areas of cooperation.
Uganda's strategic relationship with the group will initially explore cooperation in the automotive sector with a focus on commercial vehicles and facilitation of investment in agriculture and farm products.
While launching the Higher Education Students' Loan Scheme at Kyambogo University, President Yoweri Museveni, assured scientists that apart from Government's funding of Research and Innovation teams of scientists would be funded to convert their knowledge into commercial enterprises.
Hindura group of companies' Co-Chairman Gopichand P. Hinduja is the 5th richest in the United Kingdom.
Foreign Affairs Minister Sam Kutesa and Works' Minister Abraham Byandala on behalf of Government of Uganda and Mr. Dheeraj G. Hinduja on behalf of Hinduja Group.
The signing ceremony at the group's office at Newzealand House in central London was witnessed by Energy Minister Irene Muloni, High Commissioner to UK Kakramatsi, High Commissioner to France Ambassador Nimisha Madhvani, Honourables, Fred Mwesigye and Lamoe Stella, and Foreign Affairs PS Ambassador Mugume.
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