President William Ruto left Kenya on Sunday morning, November 23, for a working trip to Uganda.
The purpose of his visit was to attend the launch of a major new steel factory by the Devki Group of Companies in Tororo, Eastern Uganda.
The project is expected to boost the region’s economy and create thousands of jobs for local residents.
At the event, President Ruto was joined by his Ugandan counterpart, President Yoweri Museveni.
At the event, President Ruto was joined by his Ugandan counterpart, President Yoweri Museveni.
The two leaders were also joined by senior government officials, including Energy and Petroleum Cabinet Secretary Opiyo Wandayi, Tourism and Wildlife Cabinet Secretary Rebecca Miano, and Kenya’s diplomatic mission in Uganda, led by High Commissioner Joash Maangi.
Rwanda’s President Paul Kagame was also expected to attend, though he had not arrived by the time of the event.
The new Devki steel plant will be strategically located in Tororo due to the area’s vast iron ore deposits.
The new Devki steel plant will be strategically located in Tororo due to the area’s vast iron ore deposits.
This allows the company to manufacture steel products locally, which will be used in construction and other industries in Uganda and neighboring countries.
According to Devki Group Chairman Narendra Raval, the plant will immediately provide 15,000 direct jobs for Ugandans, with 90% of the positions reserved for Tororo residents.
According to Devki Group Chairman Narendra Raval, the plant will immediately provide 15,000 direct jobs for Ugandans, with 90% of the positions reserved for Tororo residents.
The factory is a major addition to Devki’s growing network of industrial facilities in East Africa.
The company already operates a cement plant in Tororo, opened in 2018, which has helped supply building materials to Uganda and beyond.
Devki Group’s Growing Presence in East Africa
Devki Group of Companies, headquartered in Ruiru, Kiambu County, Kenya, is one of the largest manufacturers of building materials in the region. Its main products include steel, cement, roofing sheets, and other construction materials.
Devki Group’s Growing Presence in East Africa
Devki Group of Companies, headquartered in Ruiru, Kiambu County, Kenya, is one of the largest manufacturers of building materials in the region. Its main products include steel, cement, roofing sheets, and other construction materials.
In Kenya, Devki operates facilities in Ruiru, Nairobi’s Industrial Area, Athi River, Mombasa, and Kwale.
Besides its operations in Kenya and Uganda, Devki plans to expand to Rwanda, where the company expects to employ at least 3,100 local residents.
Besides its operations in Kenya and Uganda, Devki plans to expand to Rwanda, where the company expects to employ at least 3,100 local residents.
The company’s expansion strategy demonstrates its commitment to industrial development and job creation in East Africa.
During his trip, President Ruto highlighted Devki Group’s contribution to Kenya’s economy. Over the past five years, he noted, the company has invested more than $1 billion (KSh 150 billion) into the country.
During his trip, President Ruto highlighted Devki Group’s contribution to Kenya’s economy. Over the past five years, he noted, the company has invested more than $1 billion (KSh 150 billion) into the country.
He also emphasized the company’s role in supporting government revenue, stating that Devki remits KSh 2 billion in taxes every month, totaling KSh 24 billion annually.
In addition to taxes, Devki contributes KSh 1 billion monthly to Kenya Power for electricity consumption, reflecting the scale of its industrial operations.
In addition to taxes, Devki contributes KSh 1 billion monthly to Kenya Power for electricity consumption, reflecting the scale of its industrial operations.
The President said that companies like Devki are key to driving economic growth, creating jobs, and expanding Kenya’s industrial base.
The Tororo steel plant is expected to significantly boost Uganda’s economy. With 15,000 jobs created immediately, the project will empower the local population and reduce unemployment.
The Tororo steel plant is expected to significantly boost Uganda’s economy. With 15,000 jobs created immediately, the project will empower the local population and reduce unemployment.
It will also enhance regional trade by supplying steel products for construction and infrastructure projects in Uganda, Kenya, and neighboring countries.
President Ruto’s presence at the launch highlights the importance of cross-border investments and partnerships in East Africa.
President Ruto’s presence at the launch highlights the importance of cross-border investments and partnerships in East Africa.
He said that such projects not only benefit the host country but also strengthen economic ties between Kenya and Uganda.
The new facility will be a key component of Devki’s East African strategy. By utilizing local iron ore deposits, the plant will reduce reliance on imported materials and lower production costs.
The new facility will be a key component of Devki’s East African strategy. By utilizing local iron ore deposits, the plant will reduce reliance on imported materials and lower production costs.
This makes it easier for the company to provide affordable steel products to builders and developers across the region.
Devki’s investments in Uganda and Rwanda show that the company is committed to expanding its industrial footprint beyond Kenya.
Devki’s investments in Uganda and Rwanda show that the company is committed to expanding its industrial footprint beyond Kenya.
The company aims to create sustainable jobs, develop infrastructure, and support economic growth in all its operational countries.
President Ruto visited Uganda on November 23 for the launch of the Devki steel plant in Tororo.
He was accompanied by senior Cabinet officials and the Kenyan diplomatic team.
The plant is expected to create 15,000 direct jobs, mostly for Tororo residents.
Devki’s expansion strengthens its presence in East Africa, with plans to invest in Rwanda next.
Ruto praised Devki’s investments in Kenya, highlighting its role in generating jobs and contributing to government revenue.
The project is expected to boost regional trade and reduce reliance on imported steel.
The visit demonstrates Kenya’s commitment to supporting industrial projects in East Africa and promoting regional economic integration.
President Ruto visited Uganda on November 23 for the launch of the Devki steel plant in Tororo.
He was accompanied by senior Cabinet officials and the Kenyan diplomatic team.
The plant is expected to create 15,000 direct jobs, mostly for Tororo residents.
Devki’s expansion strengthens its presence in East Africa, with plans to invest in Rwanda next.
Ruto praised Devki’s investments in Kenya, highlighting its role in generating jobs and contributing to government revenue.
The project is expected to boost regional trade and reduce reliance on imported steel.
The visit demonstrates Kenya’s commitment to supporting industrial projects in East Africa and promoting regional economic integration.
President Ruto is expected to return to Kenya after completing his engagements in Uganda.
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Africa