Cote d'Ivoir invites Indian firms to invest in mining, agriculture

NEW DELHI: Cote d'Ivoir, a West African nation, today invited Indian companies to collaborate with its firms in various sectors including energy, agriculture and food processing.

"Indian companies collaboration with our firms will be a win-win situation for both the nations. There is a great scope for investment in various sectors such as mining, energy, agriculture and food processing," Cote d'Ivoire Prime Minister Daniel Kablan Duncan said at a function here.

The cooperation between the two countries is expected to grow in the future, thanks to the common desire, he added.

As a part of national development plan over 2012-2015, the government is undertaking vigorous actions to boost growth and development by focusing on the investments, he said.

Besides, Duncan said, there is a need to expand the bilateral trade between the two countries.

"The present bilateral trade between the two nations is below the potential. So, there is a need to increase it," he said.

During 2011-12, the two-way trade between the two countries stood at about USD 800 million.