23/11/2025
President Museveni today, together with President William Ruto, presided over the groundbreaking of the USD 500 million Devki Mega Steel Plant in Tororo. The investment by Dr. Narendra Raval marks a major step in adding value to Uganda’s minerals, creating jobs, and reducing the country’s dependence on steel imports.
The integrated plant will employ more than 15,000 Ugandans and strengthens regional cooperation, with President Museveni appreciating President Ruto for encouraging the investor to set up in Uganda. He also congratulated Dr. Raval for committing to full value addition, including the upcoming Kabale iron ore project.
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