Africa's readiness to invest in the stone industry

Africa's readiness to invest in the stone industry
  • 2018-04-23
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Ambassador of the Republic of Benin to Iran: Africa with rich mineral reserves calls for joint and independent investment in stone processing and production.

According to Iran's International Stone Exhibition, Naim Akibu said during a visit to the stone processing unit and the village's flower and vegetation village, he said: "In this regard, Mahallah County has special capabilities.

He added: Joint venture in the field of production and export of rock for Benin and Mahaleh towns with significant reserves is an important basis for the development of bilateral trade and economic relations.

"Benin has very high marble mines, but it is poor in the technology of conversion and processing industries," he said.

The Ambassador of the Republic of Benin in Iran stated that if there is a joint venture with local craftsmen in the field of stone processing, there will be economic prosperity and great advantages for both parties.

Akibu expressed satisfaction with the potential of localities in the field of rock and flower and ornamental plants, adding that in the African continent Kenya and Ethiopia are among the countries exporting flowers and plants in this area also local businessmen and producers can develop two relationships. Economically.

Benin's ambassador to Iran continued: Benin's economic market presence is profitable and effective because it is a member of an economic community with fifteen West African countries and the goods move freely within the union.

"What is produced in Benin goes into the Fifteen Member States as one of the union's products without customs problems, and these countries have formed a large market," Akibo continued.

"The presence of businessmen and investors in the ornamental stone and flower field of Benin paves the way for these countries to enter the market," he said.

The governor of the neighborhood said during the visit: "The city has a variety of economic and tourism potentials and is one of its potential mines for stone, flower and plant and ornamental fish."

Hassan Qamari pointed out: Thirty percent of the people in Mahallat are engaged in the ornamental flower industry and the technical knowledge of flower production in Mahallat is high.

Referring to other abilities of Mahallat city, he said: Sixty percent of high quality travertine stone and 12 percent of the world's need for this product are produced in Mahallat city.

Lunar continued: There are one hundred and fifteen mining units in Mahallat city, with sixty-two mines being travertine.

He pointed out that the city's production of neighborhoods has complete control over the country's travertine, adding: The city's fifty percent share of the economy in the field of raw and decorative stone production has been a good economic boom for the neighborhood.

The governor of the neighborhood said there are about three hundred stone processing plants in the neighborhood of the city and if added jointly, the stone can be produced and exported with the latest technology and with the appropriate technology.

He said the city's stone exports are cut and crude exported without proper subsidies and the expansion of bilateral relations and joint ventures can complement the processing chain, profit and value added.

On the second day of his visit to the Central Province, the Ambassador of the Republic of Benin to Iran visited the Mahalat city, visited the Sangestan Stone Carving Plant and the Mahalat Village and then made his way to Delijan. The district of Mahallat has a population of fifty-five thousand people in the central province and is the country's hub for the production of ornamental fish, rock and flowers and ornamental plants. The Republic of Benin is a West African country formerly known as "Dahumi". Its capital is Porto Novo and its political center is Cotonou, which is also Benin's largest city and economic center. The official language of the population is ten million and three hundred thousand French citizens of the Republic of Benin and the currency of the country is West African Franc CFA. It became independent of France in August 1960.