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Tanzania's industrial drive To Be Supported By Oman

 Oman willing to support Tanzania in its drive towards an industrial economy aimed at making the east African nation a middle-income country by 2025.

Oman's Minister of Oil and Gas, Mohammed Al Rumhy said his country will make heavy investments in industries, oil, and gas and add value to minerals extracted in Tanzania.
Al Rumhy, the leader of a high delegation, made the pledge during talks with President John Magufuli, said the statement.
 “Oman also has plans to put up a state-of-the-art fertilizer factory in the Bagamoyo economic processing zone," said Al Rumhy.
The delegation arrived in Dar es Salaam port aboard a ship christened "Fulk Al Salamah" normally used by the Omani royal family.
The statement said Al Rumhy's objective of the visit was to the Tanzania-Oman relationship, especially on the economic front.
He said the two countries were sharing experience in the oil and gas industry, adding: "We want to partner with Tanzania in the industrial sector by building big industries and adding value to the minerals being extracted here in Tanzania."
The president said Tanzania was ready to create a useful environment for investments by giving investors necessary support.
He requested the government of Oman to bolster its relationship with Tanzania on fishing, tourism, and aviation sectors as well as the construction of meat processing industries, and exchange programs for experts in Arabic languages and Kiswahili.
Magufuli thanked the Omani government for the construction of 100 water wells across the country and recommended more investments in the new capital city of Dodoma in central Tanzania.
Source : business news africa
Posted On: 10/30/2017 12:00:00 AM

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