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Advancing The Industrial Agenda

Advancing The Industrial Agenda

 The Permanent Secretary and Secretary to the Treasury (PSST), Ramathan Ggoobi has welcomed Danieli & C.S.p.A, a renown global player in the steel industry for entering the African steel-making market through Roofings Rolling Mills Limited.

Ggoobi said this is a major signal and confirmation that Uganda is ripe for big and bold investments with deep market reach at continental and global level.

He made the remarks at  Roofings Rolling Mills in Namanve on the occasion of hosting Mr.Giacomo Maresschi Danieli,the Group CEO of Danieli & C.S.p.A.

The PSST congratulated Roofings Group under the Chairman and Managing Director, Dr. Sikander Lalani for achieving yet another milestone in upgrading and deepening Uganda's iron and steel value chain.

Ramathan

"The growth of Roofings Group has gone beyond delivering shareholder value, it is delivering stakeholder value in timely and meaningful ways," said Ggoobi.

The PSST also noted that rapid economic growth is only possible if businesses are able to scale their operations to match a rapid rise in demand for intermediate goods. He said government remains committed to investing in an enabling environment for ATMS while supporting the private sector.

Both Roofings Group which is now a USD 500 million company, Danieli & C.S.p.A expressed optimism about the partnership and transformation of the industrial sector in Uganda.