Chad Eyes Sustainable Emirati Investments Supporting 2030 Plan: Finance Minister

Abu dhabi: Tahir Hamid Nguilin, Minister of Finance, Budget, Economy, Planning and International Cooperation of Chad, stated that his country is seeking sustainable and long-term Emirati investments under the National Development Plan - Chad Connection 2030.

According to Emirates News Agency, Nguilin made these remarks on the sidelines of the UAE-Chad Trade and Investment Forum, which began today in Abu Dhabi. He highlighted the deep and promising historical relations between Chad and the UAE, noting decades of fruitful cooperation and mutual understanding.

Nguilin emphasized that the UAE is a key strategic partner for Chad, owing to its advanced development vision and extensive experience in trade, investment, infrastructure, renewable energy, and other fields. Under the National Development Plan, Chad is implementing a comprehensive sustainable development programme aimed at diversifying the national economy and enhancing sector competitiveness, targeting investments amounting to about US$30 billion.

He further stressed that the plan opens new prospects for cooperation with countries worldwide, with the UAE playing a pivotal role in supporting these efforts through long-term, sustainable investments. These investments are expected to drive economic growth, create job opportunities, and achieve balanced development.

Nguilin also highlighted the importance of the UAE-Chad Trade and Investment Forum in fostering partnerships across various sectors. He noted that the forum's agenda is comprehensive, focusing on promoting cooperation in promising sectors such as mineral resources, energy, agricultural and food value chains, infrastructure, and logistics services.