Business Trip to Promote Metal Industry Trade Cooperation in Addis Ababa

Posted on: September 8th, 2013 by chamber

The Somaliland Chamber of Commerce, Industry & Agriculture (SLCCIA) leadership accompanied by a business delegation on May 14-21 visited the Ethiopian capital Addis Ababa following an invitation by the Ethiopian Association of Basic Metal and Engineering Industries (EABMEI).

SLCCIA Business Delegation led by the Vice- Chairman and the Secretary General together with the business delegation comprised of 13 persons visited various industrial plants in the capital.

During the business trip, the delegation witnessed first-hand industrial transformation in Ethiopia, and the specific role the metal industry has played in fast-tracking industrialisation of neighboring Ethiopia. The scale of production aided by the modernized metal production system and availability of local expertise in Ethiopia turned out to be impressive. This development is attested in the current construction boom in the capital Addis Ababa.

The Ethiopian metal association acknowledged during the visit the importance of Somaliland as a supplier of metallic raw material particularly in the form of iron ore and metal scraps. As a country, which to a large extent depends on imports, the business trip serves to provide Somaliland with a platform to expand its export portfolio.

In the spirit of good neighborliness and mutual trade benefit, players in the Ethiopian metal industry urged its trading partners in Somaliland to look no further than Ethiopia while sourcing for finished metal products.

As has been the case with previous business trips, SLCCIA has brought with it valuable contacts and made strong connections from the visit. It is the hope of SLCCIA and the wider business community represented in Addis Ababa that the visit will act as catalyst towards strengthens trade cooperation between the two countries metal industries.

 

 

 

 

 

 

 

 

 

 

Somaliland Delegation in Egypt

A high delegation from Somaliland Government led by Minister of Trade and Investment Mr. Omar Shucayab accompanied with the Chairman of Somaliland Chamber of Commerce and other high ranking Officials paid high level visit to Egypt by receiving an official invitation.

 

The Egyptian Minister of Trade and Industry warmly received the delegation at Cairo International Airport. During their stay, Somaliland delegation had met with different distinguished Officials of the Egyptian government.   The delegation also met with the Federation of Egyptian industries.  During their meeting, the two side discussed commercial and investment opportunity of the two countries.

 

In additional to that, the  Chairman of Somaliland Chamber of Commerce stressed the Egyptian Officials that 30% of the pharmaceutical needs import from Egypt and the Chairman also pointed out that there is a wide investment opportunity in many sectors especially the sector of livestock.

Finally, the Minister of Trade and Investment hope that the trip to Egypt would improve the bilateral trade relationship between the two countries.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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The one day event of Somaliland/German Business Forum has concluded successfully in Berlin, Germany on 10th November, 2016.  The objective of this high ranking conference was to bring together German investors, participants of Somaliland Government officials, Entrepreneurs and the chamber of commerce working toward the essential networking platform to create a new environment of business cooperation and enhance trade and investment opportunities between the two countries.

About 27 high profiles International Companies had been attended this forum. At the same time, the parties have got an ample opportunity of B2B matchmaking to showcase their businesses and offer investors’ opportunity to get to know each other.

During the forum key sectors focused on Somaliland/German cooperation in the fields of Energy, Agriculture, Livestock, Fisheries, ICT, Tourism and Minerals resources.

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