Minkailu Mansaray, Siray Timbo, Others Meet with Multi-Billion Dollar Investment Company in UAE
Sierra Leone’s Mines and Mineral Resources Minister, Hon Alhaji Minkailu Mansaray, accompanied by Ambassador designate to the United Arab Emirates, (UAE), H.E. Siray Alpha Timbo, Mr. Filip Matwin of Royal Group, Mr. Bahige Annan, a UAE based Sierra Leone representative this week concluded “very successful meetings” with executives from Mubadala Company in the UAE political capital of Abu – Dhabi.
The meetings with Mubadala, the Abu Dhabi-based strategic investment and Development Company are to explore new investments and partnerships in strategic sectors such as Bauxite, Alumina and Iron Ore in the West African State of Sierra Leone.
Head of Sierra Leone’s delegation, Minkailu Mansaray said in a statement in Abu Dhabi that Mubadala is a potential strategic Mining partner for his country and as a Government, he added: “We are very pleased to initiate talks in this direction. We look forward to working towards a successful partnership with Mubadala in the Mining sector, which is highly strategic for Sierra Leone and our bilateral economic cooperation particularly for the development of our economy.”
This initiative, Mansaray pointed out, is in line with the Government of Sierra Leone’s Agenda for Prosperity as it addressees new opportunities for our people. “The avowed commitment of His Excellency the President Dr. Ernest Bai Koroma is to ensure that partnership in our natural resources benefits the people of Sierra Leone.” Therefore, he noted, the need for a broader and growing cooperation between the Republic of Sierra Leone and the United Arab Emirates cannot be underestimated.
The meeting is a follow up to the visit of His Excellency the President of Sierra Leone. It would be recalled that President Koroma paid an official visit to Abu-Dhabi on 20th January 2014. During the visit, the President held fruitful discussions with high level officials of the government of the United Arab Emirates bordering on Economic cooperation.
Mubadala is an investment and development company supporting the diversification of the UAE by investing in key infrastructure and creating globally integrated industry sectors in Abu Dhabi. The company is mandated to strengthen Abu Dhabi’s growth potential, and to help the Government meet its socioeconomic targets. While Mubadala’s investments are designed to generate sustainable profits over the long-term, they also deliver strong social returns to Abu Dhabi and the United Arab Emirates.
Focused on investment and development across multiple sectors, Mubadala’s portfolio is valued at more than US$55 billion. The company brings together and manages a multi-billion dollar portfolio of local, regional and international investments and partners with leading global organizations to operate businesses across a wide range of industry sectors. These include semiconductor technology, aerospace, energy, healthcare, information communications and technology, infrastructure, real estate and hospitality, and services ventures.
Stay with Sierra Express Media, for your trusted place in news!
© 2014, https:. All rights reserved.
