Saudi Arabi to invest in Togo

Thursday, 07 October 2021 15:15
Saudi Arabi to invest in Togo

(Togo First) - In Saudi Arabia since Monday, Togo’s Foreign Affairs Minister, Robert Dussey, recently met with the Saudi Minister of Investment, Khalid Al Falih. “I thank my dear elder Khalid Al-Falih, the Saudi Minister of Investment for his willingness to invest in Togo. In comparative terms, our country is very attractive,” the Togolese official wrote in a tweet posted on Tuesday. Dussey presented partnership opportunities that exist for the two nations’ private sectors. 

“I discussed possibilities of partnerships between our two governments and also between the private sectors in the areas of trade, agriculture, tourism industries. I explained to the Minister of Trade that in line with the 2018-2022 PND and the government's 2020-2025 roadmap, Togo launched an industrial platform in Adétikopé (PIA), and put in place mechanisms and infrastructure to boost agriculture," the foreign affairs minister said.

Besides investment opportunities, Dussey emphasized “the opportunities and comparative advantages of Autonomous Port of Lomé,” and positioned the platform as an entry point for Saudi goods in the sub-region. 

The port is the best, both in the sub-region and Africa, when it comes to container traffic and transhipping.

Robert Dussey, it should be recalled, was in Saudi Arabia last July, as part of efforts to boost economic cooperation between Lome and Riyadh.

Ayi Renaud Dossavi

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