(MENAFN- The Peninsula) The Peninsula
DOHA: QBA Chairman, Sheikh Faisal bin Qassim Al Thani met R Yofi Grant, the CEO of Ghana Investment Promotion Center, on the sidelines of his visit to Doha to promote investment projects and discuss ways to develop bilateral relations.
During the meeting, Sheikh Faisal expressed Qatar's interest in the African market, stressing that the visit of the Amir H H Sheikh Tamim bin Hamad Al Thani to a number of African countries last year, is the best proof of this interest.
Sheikh Faisal and Grant discussed the means of trade and investment cooperation between the two countries. Grant said the Government of Ghana is focusing now on creating a stable economy that attracts all foreign investments to the country and that Ghana's private sector welcomes its partnership with its counterpart in Qatar.
Grant also presented Ghana's trade and investment opportunities in various fields, especially in the agriculture and energy sectors.
He explained that Ghana is an agricultural country and one of the major producers of cocoa and bananas, as well as a major exporter of crops such as mango and pineapple, while importing their rice and sugar from some countries such as China and Brazil.
He added that Ghana has vast areas of agricultural land suitable for agriculture and not yet exploited, which represents a good opportunity for bilateral cooperation where Qatari businessmen can invest in agriculture or raising livestock projects and then export to Qatar Speaking on the energy sector, Grant stressed the importance of investment projects in the field of renewable energy, especially clean hydropower and the energy sector.
He said Ghana produces 200,000 barrels of oil per day, knowing that the State is working to increase this figure to reach one million barrels Sheikh Faisal stressed the keenness of the State of Qatar in its open policy to develop its relations with various countries, including Ghana, and added the Qatari businessmen are interested in the potential investment opportunities available. He pointed out that Qatari businessmen are open to investment projects that can add value to their businesses.
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