Korean Firm Keangnam Plans Power and Housing Investments in Uganda
Rewritten based on the original article from New Vision (Kampala), February 2, 1998 : Koreans Eye Uganda’s Power and Housing Sectors Source: New Vision (Kampala), February 2, 1998 | Reporter: Joseph Olanyo Aerial view of Uganda A wave of Korean investment is reaching East Africa. Keangnam Enterprises Ltd., a Korean engineering and construction firm, has announced its interest in investing in Uganda’s power generation sector and launching a low-cost housing project , marking its seventh such initiative in Africa . Keangnam Representatives in Talks With Ugandan Government Over the weekend, Tae-Ho Moon , Executive Director of Keangnam, and Nam-Hun Kang , Regional Director, arrived in Kampala to explore opportunities for a joint venture with the Ugandan government. The delegation was received by Muhammad Majyambere , Chairman and Special Advisor of the Uganda National Chamber of Commerce and Industry. Part of the Daewoo Family, With a Vision for Africa “We are one of the Da...