Uganda has stated the country is keenly following the Chinese economy with hopes it recovers in time to finance the construction of two stadium projects.
According to Uganda Sports Minister Hamson Denis Obua, Buhinga Stadium in Fort Portal and Akii Bua Olympic stadium in Lira are being constructed with financing from the Chinese government.
China owns about 20 percent of Uganda’s debt, equivalent to about $1.6b and has been a key player in infrastructure development.
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“Our relations with China are very key to completing the works on Akii Bua and Buhinga stadiums,” Obua is quoted by Daily Monitor.