- Sharjah Chamber of Commerce and Industry opens new horizons for UAE investors in Angola
His Excellency Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber Commerce and Industry, reaffirmed the chamber’s keenness on contributing to the strengthening and development of the emirate’s economic ties with different countries around the world, especially in Africa, which represents a promising markets and offers great opportunities for Emirati businessmen, and will strive through the means to discover investment opportunities available for the local private sector and local investors, as it promotes their activities and businesses and develops economic relations and trade exchange between Sharjah and African countries.
The chairman recently welcomed His Excellency Minister of Economy of the Republic of Angola, Abrahao Pio dos Santos Gourgel, and his accompanying delegation at the Chamber’s headquarters in Sharjah, in the presence of His Excellency Walid BuKhatir, Second Vice Chairman, His Excellency Khalid bin Butti Al Hajri, Director General of the Chamber and Mohammed Ahmed Amin, Assistant Director-General for Communication and Business. The minister and the chairman discussed enhancing the business relations between Sharjah and Angola, advancing the stages of work towards levels that contribute in enhancing the volume of trade exchange and launching mutual investment projects, based on the offerings of each party.
During the meeting, the minister presented the various investment opportunities his country offers in tourism, agriculture, mining and food industries, and its keenness to facilitate all the required processes and provide incentives to attract foreign investors, especially those from the UAE, to participate in the investment sectors and support the development process his country is aiming for.
The minister also stressed on the importance of exchanging information and experiences between Sharjah and Angola to encourage businessmen to build effective investment relations amongst one another. They also discussed means of organizing an effective program to exchange visits between trade delegations that would also participate in exhibitions organized in both countries. The minister invited businessmen in the emirate to visit his country and find out about the investment opportunities available to them, especially in the food industry, where the minister sees that there are various opportunities for Sharjah’s investors.
The two sides also reviewed the services and facilities provided by the Sharjah Chamber to its affiliated members, representing the private sector, and the readiness and cooperation to support Angolan companies and institutions looking to invest in the emirate.