Wednesday 29 June 2011

Salim Saleh Donates 50,000 acres of land in Northern Uganda to Bangladeshi

The former general metamorphosed into a businessman, Salim Saleh, the brother of President Yoweri Museveni, is implementing the policy of establishing large agricultural farms in the north of the country, that he had suggested when he was an advisor to the presidency.
The first time round, in June 2003, he devised a Security & Production Programme intending to combat the Lord’s Resistance Army (LRA) rebel movement mainly by expanding commercial agriculture in the north of the country.
Today, his company Divinity Union Ltd has reportedly secured 20,000 hectares (50,000 acres) of land in order to propose it to Bangladeshi investors.

Another of his companies, Sobertra, is for its part making the zone viable by building roads. To be sure, the Bangladesh Africa Business Forum (BABF), which was recently formed and is headed by Abdul Matlub Ahmad, the chairman of the Nitol-Niloy Group, has just signed a memorandum of understanding (MOU) with the Ugandan authorities to grow rice in Uganda, 80% of which will be exported.

Furthermore, under the terms of this MOU, Bangladeshi farmers will be authorised to establish in Uganda to develop commercial agriculture on the 10,000 hectare concession that Nito-Niloy has just been attributed.
This programme is to be ratified when President Museveni travels to Bangladesh in June.

http://www.africaintelligence.com/ION/business-circles/2011/06/04/salim-saleh-is-very-single-minded,90478833-ART

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