OMAN ASSURES TANZANIA OF SUPPORT IN INDUSTRIAL INVESTMENT DRIVE

DAR-ES-SALAAM, Sultan Sayyid Qaboos bin Said Al Said of Oman has assured Tanzanian President John Magufuli of the sultanate support for Tanzania's efforts to promote industrial investment, power generation and value-addition in minerals to boost the economy.

In a special message delivered at State House Dar-es-Salaam on Wednesday by Omani Minister of Oil and Gas, Dr Mohammed Hamad Al Rumhy, the sultan pledged to Dr Magufuli that Muscat would also support Dar es Salaam in developing its oil and gas industry and the Bagamoyo Special Economic Zone here.

Dr Al Rumhy was accompanied by Oman's Minister for Investment, Salem Ben Nasser Al Ismaily, and Deputy Minister for Tourism, Maitha Saif Majid. The delegation from Oman is made up of 300 officials who are in Tanzania to cement economic and bilateral ties.

Tanzania is expected to receive experience on development of natural gas and Oman has pledged to set up a fertilizer factory at the Bagamoyo SEZ in addition to food processing industries.

The Sultan said in his message that Oman was keen to co-operate with Tanzania to develop the Bagamoyo SEZ into a bustling investment area.

Plans are also afoot to set up food processing plants; we will be buying food crops from farmers, process them for value addition before exporting the produce. We are very committed and tomorrow we are going to visit the site so that the construction work gets underway, the Omani leader stated.

Dr Magufuli thanked the Sultan for sending the delegation and asked Dr Al Rumhy to inform the sultan that the government of Tanzania was committed to further historical relations with Oman.

President Magufuli guaranteed the support of the Tanzanian government in undertaking investments, stating that he would be pleased to have the projects undertaken in the shortest time possible.

President Magufuli also thanked the sultan for supporting the drilling of 100 boreholes in Tanzania.

Source: NAM NEWS NETWORK