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Kuwait eyes Tanzania oil, gas sectors

Presenting vehicles to Tanzania's Foreign Affairs and East Africa Co-operation Minister, Dr. Augustine Mahiga, for improving working conditions at Tanzania’s capital City, Dodoma, the ambassador said Kuwait had the relevant experience in exploration, production, marketing and even training, collected over years since 1948.

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Kuwait eyes Tanzania oil, gas sectors

Presenting vehicles to Tanzania's Foreign Affairs and East Africa Co-operation Minister, Dr. Augustine Mahiga, for improving working conditions at Tanzania’s capital City, Dodoma, the ambassador said Kuwait had the relevant experience in exploration, production, marketing and even training, collected over years since 1948.

19 May 2017 Friday 11:52
Kuwait eyes Tanzania oil, gas sectors

By Azania Post Reporter

Kuwait plans to widen its bilateral agreement base with Tanzania to cover areas such as oil and gas sub-sectors so as to participate fully in Tanzania’s efforts for becoming a middle economy country by 2025.

Speaking in Dar es Salaam, the Kuwaiti Ambassador to Tanzania, H.E.  Jasem Al Najem, revealed that the Kuwait Investment Authority was lining up the private sector community for investment in the area, in respect of which his country had special experience.

Presenting vehicles to Foreign Affairs and East Africa Co-operation Minister, Dr. Augustine Mahiga, for improving working conditions at Tanzania’s capital City, Dodoma, the ambassador said Kuwait had the relevant experience in exploration, production, marketing and even training, collected over years since 1948.

He also said that further to the bilateral investment promotion agreement signed two years ago, Kuwait now laid focus on the possibility of initialing a double taxation prevention pact to ease trade exchange between the two countries.

Ambassador Al Najem, who also presented the minister with a letter seeking Tanzania’s support for Kuwaiti candidacy for a non-permanent seat on the UN Security Council for 2018-2019 in the forthcoming elections slated for 2nd June 2017, revealed plans to establish computer centres at the University of Dar es salaam, Dodoma and Zanzibar.

Kuwait supported Tanzania during the 38th session of the UNESCO General Assembly in 2015.

In the health sector, he said the Kuwait Patient Aid Society would help modernize the MOI blood bank while the Jakaya Kikwete Cardiac Institute would be provided with a state-of-the-art complete set of equipment. 

According to a brief issued by the Foreign Ministry, Kuwait has financed different projects in Tanzania to the tune of more than 400 billion/-, covering infrastructure, economic recovery and power generation, including the Mkapa Bridge.

Azania Post

Updated: 19.05.2017 13:08
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