Sharjah, 14th March 2010 (WAM) -- H.E. Sheikh Tariq Bin Faisal Al Qassimi, the Chairman of Emirates Investments Group (EIG), held a meeting with the Ambassador of Gambia, Mr Mambury Njie.
During the discussions, the Gambian diplomat presented Al Qassimi with a range of investment opportunities, and discussed, among other topics, the implications of the countrys new business laws.
Following the meeting, Sheikh Al Qassimi stated that it is clear that Gambia offers an encouraging environment: "Investors are always alert to fresh investment opportunities, and Gambias new business laws, designed to encourage foreign investment, certainly could make the country an enticing prospect. The governments focus on areas such as agriculture, which is already a sector in which EIG has a number of interests; suggest that Gambia is particularly promising."Foreign and domestic investment is encouraged in virtually all sectors of the Gambian economy, with the Government currently giving the highest priority to agriculture, fisheries and forestry exploitation, tourism and travel, light manufacturing and assembling, energy (electricity), mineral exploration and exploitation, and communication. The Gambian Government is also in the advanced stages of planning for the establishment of Free Economic Zones (FEZ) and Special Industrial Zones to facilitate access to investment locations, industrial services and related infrastructure to ensure excellent returns for investors. Ambassador Mr. Njie extended his thanks to Sheikh Tariq for the warm welcome that he had received. Mr. Njie said: "The meeting went extremely well. As I stated in my meeting with Sheikh Tariq, Gambia has a lot to offer, and I am excited over the prospect of future cooperation with EIG." Both parties stressed the importance of such meetings to further enhance cooperation.Copyright Emirates News Agency (WAM) 2010.
