The East African Community Business Council (EACB) is marketing the economic bloc’s investment potentials to Arab countries. Keli Kiilu, of the EACBC urged the Arab countries to invest in the region saying it has a big market of about 120 million people and a conducive business environment that guarantees investors returns to investment. He promised that doing business costs a expected to drop as a lot of reforms to ease trade are taking place. Kiilu was presenting a paper ‘Trade Opportunities within the East African Countries’ at Organization of Islamic Countries (OIC) Business Forum in Kampala. He cited Kenya as a success story in horticulture. While in tourism he said all partner states have enviable natural resources. “From the mountain gorillas in Rwanda, the wild beasts of Serengeti and Maasai Mara, a 2000 km coastline and two major ports. In energy there is oil in Uganda and gas in Tanzania,” Kiilu revealed some the potentials East African Community has. As such, he explained that EAC is an emerging economy with high growth potential. The economy is relatively diversified and a number of opportunities remain untapped in many sectors. Ends
