Page 490 - MOE ENGLISH PR REPORT - JULY 2024

7/16/24, 3:42 PM UAE and Côte d’Ivoire inaugurate cashew factory in Boundiali

“The opening of this impressive cashew-

processing factory underlines the UAE’s belief

in the economic potential of Côte d’Ivoire and

offers a compelling model for further

investments into the region as a whole. This is Dr. Thani bin Ahmed Al
Zeyoudi
UAE Minister of State for
one of the most dynamic economies on the Foreign Trade

continent, one that is adopting bold economic policies and

ambitious reforms designed to deliver sustained, diversified growth.

We envision huge potential for private-sector collaboration between

our nations as we support the development of Côte d’Ivoire’s

industrial, agricultural and supply chain capabilities. My visit this

week marks an important step in strengthening the economic

partnership between our two countries, which I look forward to

building on in the years ahead.”

Abdul Jabbar Al Sayegh, Chairman of the Board of Directors of Pan African Agro

Commodities Holding Limited, stressed that Côte d’Ivoire is a country rich in

potential. Al Sayegh stated that, “This factory not only represents a major

investment in the Côte d’Ivoire market, it is also a testament to the strength of the

bilateral relations between the UAE and Côte d’Ivoire. We are committed to

contributing positively to the local economy and are confident that our company

and its investments in the Ivorian economy will enhance growth and contribute to

economic and social progress. It will be a new gateway to opportunities for both

sides.”

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