On November 24, 2021, H.E. Robinson Jean Louis, the Ambassador of Madagascar to China, met with Huang Yanjiu, the Director of China Sam Enterprise Group Limited (hereinafter referred to as "Sam Group"), and Xu Changyu, the Vice President of Sam Group in Beijing, the two parties held a cordial meeting.

(From the left to the right: Huang Yanjiu, the Director of Sam Group, H.E. Robinson Jean Louis, the Ambassador of Madagascar to China, Xu Changyu, the Vice President of Sam Group)

The Director, Huang Yanjiu, and the Vice President, Xu Changyu, expressed gratitude to the  Ambassador Robinson for the arrangement and gave a brief introduction of Sam Group. The Director Huang Yanjiu noted that Sam Group had rich resource reserves and solid business foundations in energy, chemical industry, trade, investment and other fields, while Madagascar had significant advantages in energy, minerals, agricultural and sideline products, presenting extensive investment prospects. Sam Group, therefore, is willing to seize this important opportunity and actively participate in the cooperation between China and Madagascar in the fields of energy, minerals, agricultural and sideline products trade, and infrastructure construction, so as to boost Madagascar's economy and social progress as well as to maintain the sustained development of the bilateral relations.

After listening to the briefing given by the Director Huang Yanjiu and others, Ambassador Robinson welcomed their visit. He introduced that Madagascar's national economy is dominated by agriculture and its industrial foundation is relatively weak. However, the nation possesses abundant mineral resources, with the graphite reserves ranking the first in Africa. After participating in the "Belt and Road Initiatives" construction, Madagascar has become an important bridge of Africa and China. Since the “Belt and Road Initiatives”memorandum of understanding has been signed in 2017, Chinese enterprises and institutions have actively participated in the development of various sectors in Madagascar, and created a substantial number of employment opportunities. It has made great contributions to the economic development of Madagascar. Thus, Madagascar welcomes Chinese enterprises to conduct in-depth cooperation in mineral investment, agricultural science, bilateral trade, and infrastructure construction, so as to seek for public welfare of both countries and to foster the healthy and sustainable development of Madagascar-China relations.

(H.E. Robinson Jean Louis took a group photo with the business delegation of Sam Group )

Sam Group has always responded positively to the needs of national strategic development, and has been actively developing economic and trade cooperation with the countries along the routes. Sam Group is committed to intensifying investment in Madagascar and endeavors to contribute to the bilateral relations.