Site icon Elix News

MUSEVENI LAUNCHES 700BILLION KALIRO SUGAR FACTORY

President Yoweri Museveni has officially commissioned   shs 700billion Kaliro Sugar,marking a major milestone in Uganda’s agro-industrial drive.

In his message delivered at the commissioning, Museveni praised the investment by businessman Ashish Monpara, calling it a model of private capital driving national development.“This factory represents the spirit of Uganda’s economic transformation — adding value to our agricultural produce, creating jobs for our people, and reducing imports while opening doors to new export markets. I congratulate Ashish Monpara and the people of Kaliro for making this vision a reality.”

The Minister of State for Investment and Privatization, Evelyn Anite, said the project is in line with Uganda’s industrialization agenda.

“Uganda’s future lies in agro-industrialization. Investments like Kaliro Sugar Factory directly align with  the National Development Plan III and Vision 2040 by creating 1,500 jobs now, with 3,000 in the near future, empowering farmers, and stimulating regional economies.”She added that government remains committed to supporting such ventures.

MINISTERS AND MODERN GROUP MD IN GROUP PHOTO

“Government will continue to provide an enabling environment for such ventures to thrive.”

Ashish Monpara the founder of Modern Group and Kaliro Su gar, revealed that plant is already crushing 2,500 tons of cane per day, producing 78,000 tons of raw sugar annually, and employing 1,500 people directly.

He further  revealed that in the next two years, capacity will expand to 8,000 tons daily, output will rise to 230,000 tons annually, and employment will grow to 3,000 direct jobs and 10,000 indirect jobs across transport, trade, and services.

“For the farmers of Kaliro and beyond, this factory is a dream turned into reality. It guarantees us fair markets, consistent incomes, and the dignity of seeing our sugarcane transformed into national wealth. Kaliro Sugar is not just a buyer of cane it is a partner in our growth.”

The factory strengthens Uganda’s competitiveness within the COMESA and EAC sugar markets, reducing imports while expanding exports.

Beyond trade, Kaliro Sugar has pledged Corporate Social Responsibility projects that include extending clean water and electricity, building a school, and investing in roads to uplift surrounding communities.

To ensure sustainability, the factory is adopting eco-friendly waste management systems, renewable energy solutions, and reforestation programs, underscoring its commitment to climate-conscious growth

Modern Group is a diversified organization in Uganda, Africa and one of the leading group of industries comprising more than 5 companies. It has created a world class supply chain management that has capabilities to develop business in any corner of the world. Over the years, Modern Group aims to get positioned itself to be the market leader in its all of the businesses focusing on large scale infrastructure development in Uganda with practices benchmarked to global standards.

Exit mobile version