(MENAFN- The Peninsula) By Irfan Bukhari / The Peninsula
Qatari and Swedish companies are in talks to form a consortium to start joint ventures, particularly in healthcare sector, in many Asian countries.
'Talks are underway to form a consortium of Qatari and Swedish companies that will start joint ventures particularly in healthcare sector in Indonesia, Malaysia, Pakistan and Bangladesh, said Dr Prof. Niclas Adler, Chairman NGT-PARTNERS, a Swedish company.
He was talking to The Peninsula on the sidelines of the recently held Swedish National Day function. 'These countries are spending billions on medical tourism due to lack of cutting-edge medical technologies. Our joint ventures in these and other such countries will not only be successful business models but would also serve the respective nations by providing state-of-the-art medical facilities to them in their own countries, he added.
Adler said that the talks with Qatari companies were going in a positive direction and 'I hope soon things will materialize during a Qatari high-level delegation visit to Sweden".
He said that he had visited various Asian countries where the proposed consortium would likely invest, including Pakistan. 'Chief Minister of Pakistan's province, Punjab, welcomed the move as he thought Qatar's participation in joint ventures would ensure projects' success due to Qatar's trust in Bangladesh, Pakistan, Indonesia and Malaysia, Adler added.
He further said that Qatari companies had finances as well as trust while Sweden had the expertise, technology and entrepreneurship. 'When both of these things meet, the result will be huge business successes for both countries, he asserted.
Talking on the proposed consortium, Ambassador of Sweden to Qatar, Ewa Polano, said that Sweden and Qatar were both small countries but had high ambitions and huge potential. 'Both can capture emerging markets very successfully with joint ventures in various sectors like engineering, healthcare, entrepreneurship, she said.
Polano said that Qatar had become a financial and intellectual hub of the region. 'When we will merge resources and technologies of Qatar and Sweden respectively, the result will be successful business ventures for companies of both countries, she said, adding that Sweden was proud of its cutting-edge healthcare technologies and successful startups.
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