Tanzania PM calls for Qatari investments
Prime Minister Mwigulu Nchemba has underscored the robust Tanzania-Qatar ties and expressed interest in developing these relations further, particularly in private-sector cooperation and investments.N...
Tanzania's Prime Minister, Mwigulu Nchemba, recently called for increased Qatari investments, emphasizing the strong ties between the two nations. This call for cooperation came during a meeting with a delegation from Qatar Chamber, headed by first vice-chairman Mohamed bin Towar al-Kuwari. The delegation was joined by Qatar’s ambassador to Tanzania, Fahad bin Rashid al-Muraikhi, and his diplomatic counterpart, Habibu Awesi Mohamed.
Nchemba highlighted the vast potential for collaboration that could benefit both economies. He pointed out that Tanzania offers investment opportunities in key sectors such as food security, energy, and infrastructure. Al-Kuwari echoed Nchemba's sentiments, welcoming the visit and expressing his belief that it would strengthen cooperation, particularly in private-sector ventures. He noted Tanzania's wealth of natural resources and investment prospects, encouraging Qatari investors to explore these opportunities.
Ebrahim Mafuru, director general of the Tanzania Trade and Investment Authority, detailed the economic and trade cooperation between Qatar and Tanzania. He outlined the major products that could be exported to Qatar and the various sectors open to Qatari investors, including agriculture, energy, minerals, tourism, and infrastructure.
Al-Kuwari also suggested that Qatari business owners are keen on investing in Tanzania, particularly in sectors offering enticing investment incentives, and proposed the possibility of a Qatari business delegation visiting Tanzania to explore these opportunities firsthand.
Written by urgent.news from Gulf Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
