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Tanzania, Qatar forge cooperation in investment on gas, mining and tourism

Release Date:2019-03-22 17:34:55     Source:Xinhua     Author:xuxin

Tanzania and Qatar have pledged to build up cooperation in investments in gas, mining, tourism and infrastructure, the State House said on Thursday.

The two countries promised to strengthen their bilateral relations during talks between President John Magufuli and Qatari Deputy Prime Minister and Minister for Foreign Affairs, Mohammed bin Abdulrahman bin Jassim Al Thani, said a statement released by the Directorate of Presidential Communication.

The statement issued by State House in the commercial capital Dar es Salaam said President Magufuli assured Qatar of Tanzania's determination to work closely with foreign investors.

"Tanzania has abundant opportunities for investments in gas, mining, tourism, air transport," said President Magufuli, inviting Qatari investors to do business in these areas.

"I understand Qatar has vast experience in gas processing. And we have enough gas reserves so we are inviting Qatar investors to come and invest in this sector," said the head of state.

Tanzania has more than 57 trillion cubic feet of total estimated recoverable natural gas reserves.

For his part, the Qatari Deputy Prime Minister and Minister for Foreign Affairs, Mohammed, assured President Magufuli that his country will bring investors in various areas to the east African nation.

 

Editor:Cherie

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