Qatar Chamber First Vice-Chairman Mohamed bin Ahmed bin Towar Al Kuwari (left) and the CEO of Investment Promotion Agency of Qatar, Sheikh Ali bin Alwaleed Al Thani, during their meeting held at the QC headquarters, yesterday.
Doha: The Qatar Chamber (QC) and the Investment Promotion Agency of Qatar (IPA Qatar) discussed ways of enhancing cooperation between both parties in promoting Qatar’s investment climate and identifying investment opportunities available in the state in line with their joint efforts to draw further foreign investments.
This came during a meeting held yesterday at the Chamber’s headquarter between QC’s First Vice-Chairman Mohamed bin Ahmed bin Towar Al Kuwari and IPA Qatar’s CEO Sheikh Ali bin Alwaleed Al Thani.
The meeting also touched on fields proposed for cooperation between both sides to be included in a cooperation agreement that will be inked in the coming period.
Speaking during the event, Al Kuwari stressed the Chamber’s keenness to foster cooperation and communication with all government agencies in a way that maximize the private sector’s participation in the economy and enhance his anticipated role in the development.
He pointed out that the Chamber is interested to bolster cooperation with IPA Qatar, whose key mandate is to promote investment and attract FDIs to Qatar, affirming that this is the same role performed by the Chamber as a representative of the private sector.
Al Kuwari paid tribute to the IPA Qatar and its essential role in attracting investments, pointing out that despite it is recently founded, but it has made tremendous efforts to promote investments in Qatar, adding that the Chamber is keenly interested to invite the IPA Qatar to explain investment climate before foreign delegations visiting the chamber whether before the outbreak of COVID-19 or via video conference amid the pandemic.
On his part, IPA Qatar's CEO Sheikh Ali said that the Agency is pleased to enhance cooperation with the Chamber and join hands to promote the state’s investment climate and opportunities galore for investments, affirming that the IPA Qatar is preparing a digital platform for investment which will play an important role in identifying investment opportunities in all sectors.
He also pointed out the Agency has been working to draw more investments to the state in line with requirements of the Qatar National Vision 2030, indicating that it seeks to be an integrated source for investment solutions in Qatar through attracting FDIs in all priority sectors.
