Business

Algeria invites Petronas bid

DAR ES SALAAM: Algeria has asked Petronas to bid for an oil exploration project there while negotiations are also in the pipeline for Malaysian companies to build a highway and a specialist hospital in Tanzania.

 

Prime Minister Datuk Seri Najib Tun Razak said on Sunday that his Algerian counterpart Abdelmalek Sellal made the offer when they met on the sidelines of the Global Smart Partnership Dialogue at the Julius Nyerere International Convention Centre here.

For Tanzania, United Engineers Malaysia (UEM) is negotiating to build a toll highway connecting this city to other parts of the country.

“The highway is important as the Dar es Salaam port is also the gateway for Rwanda, Zambia and Burundi to import and export their goods,” Najib told Malaysian journalists.

There is also a plan for a Malaysian healthcare provider to build a specialist hospital in this city.

Najib said these matters were discussed when he met Tanzanian President Jakaya Mrisho Kikwete.

Accordingto the prime minister, Kikwete also expressed appreciation for Malaysia’s help in sharing its Economic Transformation Programme (ETP) to turn Malaysia into a high-income country for this country’s development model.

“The intention fulfills the aspiration of the people (of Tanzania) with a development model for the people contributed by Malaysia through the smart partnership between the countries,” said Najib.

He said the president also appreciated Limkokwing University for Creative Technology’s initiative to set up a campus in this country.

On his meeting with Uganda’s President Yoweri Museveni, the premier said the latter hoped Malaysia could play a role in uplifting Uganda’s economic value.

Museveni wants Malaysian investors to set up a coffee bean processing plant in Uganda so that they could export processed coffee instead of merely raw coffee beans in a move to increase the country s income.

Uganda enjoys small returns by exporting merely raw coffee beans although they are one of the major coffee bean exporters.

Najib said Uganda was also interested in inviting Malaysian independent power producers to invest in that country.

Najib, Kikwete and Museveni are among the 14 heads of government and state attending the dialogue.

Najib also said about RM600 million worth of business opportunities in Africa were generated by 28 Malaysian companies which took part in the Malaysia Technology, Products and Services showcase held in conjunction with the dialogue.

Najib also sought support from the African countries attending the dialogue for Malaysia when it contests to be a non-permanent member of the United Nations Security Council for 2015-2016.

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About the author

Aziz Hassan

A journalist since July 1976 with both the English and Malaya press and was with two newspaper groups before The Mole. Does corporate report-writing and translation in his free time. Currently also a contributing weekly rugby columnist for the New Straits Times.