Aribio Holdings Signs Agreement for LED Lighting Supply and Local Production in Uganda
Aribio Holdings announced on the 10th that it has signed a business agreement with KU Global and the Sion Korea·Diacente Group’s special purpose company (SPC) jointly developed for the supply and local production of light emitting diode (LED) lighting for Uganda and East Africa.
Participants of the Uganda Investment Forum and Business-to-Business (B2B) meetings are taking a commemorative photo. Photo by Aribio Holdings
View original imageThrough this agreement, the companies aim to establish a production base for LED lighting in the Uganda Green Industrial Special Economic Zone (GISEZ) and supply products needed for public infrastructure, such as industrial complexes and roads. Aribio Holdings will provide the products and technology, while its partners will handle local production and market development.
Starting with GISEZ, Uganda’s eco-friendly industrial special zone, they plan to secure a foothold in the East African lighting market. GISEZ is an industrial zone created on approximately 8,000 acres as part of Uganda’s national development strategy, ‘Vision 2040.’
On this day, representatives from the Ugandan government and the project will visit the Gongju plant to review its production facilities and quality management capabilities, as well as discuss the potential for local implementation and directions for cooperation.
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Aribio Holdings stated, “This collaboration is significant in that it expands the competitiveness of our lighting business into overseas business opportunities,” adding, “Beyond one-off product exports, we aim to establish a supply structure linked to local production and distribution infrastructure.”
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