Saudi Gazette report

RIYADH — A high-level delegation from the Federation of Saudi Chambers will begin a visit to Kenya, Tanzania and Rwanda on Monday. The delegation will hold meetings with senior government officials in in the three African countries as well as the private sector to discuss investment opportunities and sign important trade agreements and partnerships.

The delegation, headed by the Federation’s President Hassan Al-Huwaizi, includes more than 25 business owners representing major Saudi investors from various economic sectors and representatives of some government agencies.

The tour comes in line with Saudi Arabia's orientation toward strengthening its relations with the countries of the African continent, to reach more than 1.3 billion people in these promising markets.

The delegation will begin its visit program in Kenya by holding the Saudi-Kenyan Business Forum. In Tanzania the delegation will hold the Saudi-Tanzanian Business Forum, and will conclude the African visit after holding the Saudi-Rwandan Business Forum in Rwanda. It will meet with a number of ministers, officials and company executives in the three countries.

These meetings are expected to highlight investment opportunities in Saudi Arabia, Kenya, Tanzania and Rwanda. The business environment and partnership opportunities between business sectors in various economic fields will be reviewed.

The visit also seeks to increase the volume of trade exchange between Saudi Arabia and these countries, which is a strong indicator of the existence of many potential investment opportunities that the visit will reveal.

The Federation of Chambers, through its series of foreign visits that recently included ten countries, is leading efforts to open new markets and opportunities and increase the volume of trade and investment exchanges with countries around the world, in order to achieve the goals of Saudi Vision 2030.