 | | Hua serves a client at the opening of the showroom | By Abou Kisige
THE Union International Automobile Parts, a Chinese-based firm, is to invest over sh4.8b in a motor vehicle spare parts factory. Yu Hua, the managing director, explained last week that plans had been finalised to set up the plant.
�We have discovered there are investment opportunities in areas of spare parts and all we are looking for is a convenient place for the factory,� Hua said.
Hua was speaking at the opening of the company�s first showroom in Kampala. He asked the Uganda Investment Authority to find them land for the multi-billion project.
The company manufacturers filters, air cleaners, water pumps, shock absorbers, spark plugs, all types of gaskets and other automobile accessories.
Hua said when the company is established, every thing would be Ugandan.
�It is going to be a Ugandan company, employing Ugandans and exactly everything would be made here,� Hua said.
He said they would expand regionally.
establishing other sister companies in Kenya, Rwanda, Tanzania and Burundi to exploit the investment opportunities the East African region.
�The East African people are so good. They are hospitable and there is ready market for our manufactured goods,� Hua said.
Union International Automobile Parts has branches in Chicago, Dubai and Japan.
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