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Biotechnology will 'increase Uganda’s GDP'

KAMPALA - Uganda’s economy will make economic strides when Uganda embraces biotechnology, says Fred Omach, the minister of state for general duties in the ministry of finance.

He believes that the country’s GDP can add another 2% on the average annual 7% if biotechnology, including genetic engineering, is embraced.

There are several businesses already using biotechnology from the traditional ones like beer companies to the modern ones like Agro-Genetic Laboratories and BioCrops engaged in tissue culture to produce banana plantlets.

Omach, who was opening... Read more

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