Tuesday, 31 Jan 2023
Ithraa delegation returns after trade visit to Tanzania

Ithraa delegation returns right after trade go to to Tanzania

The delegation’s agenda incorporated a quantity of higher-level B2B meetings at the Hyatt Regency Hotel in Dar es Salaam exactly where they met a wide cross-section of Tanzanian companies, importers and agents.

Underpinned by favourable demographics, Tanzania has recorded an annual typical development price of a lot more than six pr cent more than the previous decade and is on course to preserve a robust development price of six pr cent going forward. Despite international financial and monetary uncertainties, the economy has been in a position to attain these constant development prices coupled with a low inflation price, driven by activity in sectors such as mining, power, building and manufacturing. Ithraa’s head of Export Development, Mazin al Siyabi, mentioned, “Given Dar es Salaam’s deep water port and Tanzania’s powerful trading hyperlinks to the landlocked nations of Malawi, Zambia, Democratic Republic of Congo, Burundi, Rwanda and Uganda, it gives Omani exporters, especially these in meals and beverage, plastics, logistics and infrastructure a variety of fascinating possibilities.

Given our study, we think Tanzania gives Omani exporters ample trade and investment possibilities not to mention access to a industry of a lot more than 150mn individuals in the East African Community area. The go to was created particularly to enhance trade among the two nations, assist Omani organizations develop their export sales and produce jobs in the sultanate.”

Ismail al Rasasi, managing director, Mechanical &amp Technical Solutions, mentioned, “We had a very successful trade mission to Tanzania. Special thanks to Ithraa who has been with us every step of the way helping companies like Mechanical & Technical Solutions discover new markets for our innovative products.”

Siyabi added, “I want to applaud the Omani businesses whose representatives accompanied Ithraa on this trade mission. Over the past few days, we have worked together to further strengthen our trade and investment ties with Tanzania. Indeed, the delegation not only had the opportunity to meet and build relationships with interested buyers, but could gain market insights, meet industry contacts, plan business strategies, advance specific projects and identify potential partners.”

Mohammed al Balushi, Areej Vegetable Oils and Derivatives, mentioned, “The Tanzanian mission was about cementing and building on existing links, opening new doors for increased Omani exports and collaborative business ventures. As far as we are concerned, we left Dar es Salaam with very interesting leads.”

Information Source: Muscat Daily

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