President William Ruto today, Sunday, November 23, presided over the launch of Devki’s Vertically Integrated Steel Industry project in Tororo, Eastern Uganda.
He was joined by his host, President Yoweri Museveni and Kenyan businessman Narendra Raval, who is the chairman of Devki Group of Companies.
In his speech, President Ruto noted that the project will provide jobs for our young people, build new value chains for small and medium enterprises, and create opportunities that extend far beyond Uganda’s borders.
Beyond direct job creation, the company will open vast opportunities for companies within the EAC, particularly in the transport, energy, construction, and services sectors, through cross-border supply contracts and strategic joint ventures, as affirmed by the president.
"I take this opportunity to express Kenya’s pride in celebrating the vision and enterprise of Dr Narendra Raval, a distinguished Kenyan industrialist and investor whose commitment, focus, and determination have been instrumental in bringing this industry to life," said Ruto.
