The PS attributed the surge in production to government-led interventions, including the mass livestock vaccination programme, which has reduced the prevalence of diseases such as foot-and-mouth.
Belarus currently stands as a global leader in the export of dairy products, including milk powder, butter, and cheese.
Museveni said the success recorded in the dairy sector demonstrates what can be achieved when communities embrace commercial production and apply modern agricultural techniques.
The beneficiaries include individual dairy farmers, cooperative societies, and milk collection groups that achieved the agreed benchmarks for milk quality and delivery volumes during the review period.
The project is expected to be one of the first major industrial investments to take shape in the state under the new government.