Guinea seeks UAE investments

Guinea's Minister of Industry '&' Small '&' Medium Enterprises , Ramatoulaye Bah, has called on the businesses of the UAE's private sector to invest in Guinea and to take part in its development projects.

Bah hailed the achievements and progress made by the UAE in various spheres, and expressed her country's desire to tap the UAE's economic strength and expertise in sectors such as urban development, properties and energy.

The Guinean minister made her remarks at a meeting with the First Vice Chairman of Abu Dhabi Chamber of Commerce and Industry (ADCCI), Khalfan Saeed Jumaa Al Kaabi.

For his part, Al Kaabi expressed hopes that the friendly relations and cooperation between the UAE and Guinea would increase their trade exchange which stood at AED473 million by the end of 2013.

This, he noted, requires double efforts as Dubai Aluminium Co (DUBAL) and Mubadala already started their investments in Guinea.

He welcomed joint UAE-Guinea investments to enhance economic cooperation and fully supports Guinean businessmen planning investments in the UAE, and in Abu Dhabi in particular.