Cairo, Egypt.
The Chairman of Association of Tanzania Oil & Gas Service
Providers (ATOGS) Hon. Abdulsamad Abdulrahim under the patronage of His
Excellency Abdel Fattah El Sisi, President of the Arab Republic of Egypt, was
invited to attendthe Egypt Petroleum Show held on the February 11, Cairo Egypt
at the invitation of Minister of Petroleum & Mineral Resources H.E. Eng.
Tarek Ahmed El-Molla
The Chairman had pleasure to meet and exchange views with H.E.
Abdel Fattah El Sisi, President of Egypt, Prime Minister Dr. Mostafa Madbouly
and Minister of Electricity and Renewable Energy Dr. Mohamed Shaker.
Abdulsamad also gave Keynote speech to share Tanzanian
story and outlined infrastructure investments opportunities available in the
Energy, Oil & Gas and promoted Tanzania as Hub for Gas project and
investment destination in order to attract FDI, investors and Joint
Ventures.
Abdulsamad informed delegates that the fifth phase Government
under President John Pombe Magufuli has improved business and investment
climate. “Tanzania is a fast growing nation in
Africa with 7.2% GDP economy. It is a peaceful country and has stable
regulatory and fiscal regime to Doing Business and invest”.
The Chairman urged
investors to tap into the infrastructure investments opportunities available in
Tanzania including LNG, EACOP pipeline project, Gas Distribution Network and
pipeline projects from Tanzania to Kenya/Zambia/Uganda. He also welcomed
investors from Egypt and Middle East to build Processing and manufacturing
plants, livestock products processing industries and tap into abundant Tourism
sector
During the conference,
global leaders discussed the influence of geopolitics and foreign trade
policies on crude oil pricing, supply and demand. They also discussed the
importance of decision making in mega projects “Time vs Resources”, global
uncertainty of Trade policies and need to seriously engage investors.
He also participated in the panel discussion with global
leaders where Oil and gas innovation and technology in the
4th industrial age was discussed; How are businesses accelerating next
generation R&D initiatives to keep pace with competition and stay ahead of
the game
Later
this week, Abdulsamad will be touring various manufacturing facilities
including Elsewedypower system projects, Energy products, Oil & gas
solution and marine terminals
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