Dar, Oman sign joint business council

By PIUS RUGONZIBWA

A Joint Business Council (JBC) between Tanzania and Oman has been launched paving the way for the flow of investments as the Gulf country looks ahead to invest in gas, oil and fertiliser plant in the country.

President Kikwete and His Majesty Sultan Qaboos bin Said

Tanzanian Ambassador in Oman, Mr Ali Ahmed Saleh, told reporters that a new page of cooperation has been opened as a result of the state visit made by President Jakaya Kikwete to Oman last year.

A delegation of members of the Oman Chamber of Commerce and Industries (OCCI) is in the country and is hosted by the Tanzania Chamber of Commerce, Industries and Agriculture (TCCIA) together forming JBC.

In response to the talks between President Kikwete and His Majesty Sultan Qaboos bin Said, the Ambassador said new business ventures have been forged that will see Oman also introducing investments particularly in agriculture, fishing, beef industries and technology.

“The coming of Oman business delegates is important for Tanzania since it will open up new business ties, particularly in the agricultural sector as the country has expressed desire to put up a fertiliser plant in Mtwara,” he said.

Officiating at the launch of the JBC, the Minister of Trade and Industries, Dr Abdallah Kigoda said Tanzania stands to benefit from Oman which is advanced in value addition of its products and industrial technology.

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