The ‘Made in Qatar 2018’ exhibition scheduled to kick off tomorrow In Oman is expected to offer mega investment opportunities in the industrial and production sectors, the Qatar Chamber’s first Vice Chairman Mohamed bin Ahmed bin Towar (pictured) said in a statement issued yesterday.
Towar noted that holding the expo in Oman comes as a result of the fruitful cooperation between Qatar and Oman. The expo will be held from December 3-6, on an area of 10000 sqm at the Oman Conference & Exhibition Center with the participation of 240 manufacturing local companies.
Towar pointed out to the wise leadership’s interest in support for the industrial sector, affirming that tireless efforts are being made to eradicate all obstacles facing this sector in order to play its anticipated role in the national economy.
He said: “Qatari businessmen recognise that industry becomes a strategic choice, especially the manufacturing industries which have witnessed great development recently. Industry is the backbone of any developed and strong economy. It is a key pillar of the economic development because the industrial sector ensures an added value for the economy and ensure providing the local market of its needs as well as it creates jobs.”
He stressed the importance of increasing investments in petrochemical industries, noting that Qatar is a leading country in this sector as it owns the primary materials of oil and gas needed for this industry.
Towar called on Qatar and Oman businessmen to review ways of establishing more joint investments in this sector as well as SMEs in food, agriculture and medicine industries.
He referred to the incentives offered by Oman to encourage the investment in industry, especially with the provision of new ports and the developed infrastructure, noting that the “Made in Qatar” in Muscat will offer a good opportunity for Qatari and Omani manufacturers to set up alliances and partnerships in this sector.
He noted that the Qatar-Oman Business Forum which will be held on the sidelines of the expo would offer a range of investment opportunities for both sides, affirming that the forum would focus on means of increasing joint investments and trade between both countries as well as encouraging businessmen to establish projects that serve both economies.
