President Museveni has said government made a wise decision to sell off most of its public enterprises to private individuals.
In the early 90s, government embarked on selling off several public enterprises to private individuals, most of which were no longer making profits but the move has received criticism from some sections of the public.
Speaking to NRM leaders from the districts of Kabale, Rukiga, Rubanda and Kisoro in Kigezi sub-region over the weekend, Museveni said the decision has interested many foreign investors to come to Uganda.
The NRM presidential candidate reminded the leaders that it is because of such decisions that government has been able to solve the problems of scarcity of essential goods but also create employment for many Ugandans who work in factories and other businesses that were initially owned by government.
Museveni told the party leaders that government will put in place a number of factories in the area to ensure job creation for locals, especially youths as well as developing the tourism industry in Kigezi to employ more people.End
In a memo read by Hon Henry Musasizi , the MP for Rubanda County East, the leaders from the four districts applauded government for the creation of the new districts of Rubanda and Rukiga, upgrading of the Kabale-Rubanda- Kisoro and the Ntungamo-Kabale-Katuna roads. END.