(MENAFN - The Peninsula) The Peninsula
The Qatar Financial Centre (QFC) participated in the Qatar-France Business and Investment Forum. Organised by the Qatari Businessmen Association, Business France, the national trade and investment agency of France, the French Embassy in Qatar and MEDEF International, the French Business Confederation, the event focused on explaining the mechanisms for investing in the French economy as well as highlighting selected investment projects in France.
Prior to the event, the QFC hosted a delegation of French and Qatari businesses to explore potential bilateral investment opportunities and the unique advantages that the QFC platform offers to companies looking to expand to Qatar and the region.
Sheikha Alanoud bint Hamad Al Thani, Managing Director, Business Development, QFC said: 'As part of our mandate to attract foreign direct investment to Qatar, the QFC has always looked to further strengthen relations with our French partners. I am confident that the Forum has provided an invaluable platform for fostering even more extensive partnerships.
Sheikha Alanoud added: 'Our commitment to continually enhancing our relations with the French market is also evident through the roadshow we successfully hosted earlier this year in Paris, during which, we met with more than 100 French companies who expressed great interest in expanding to Qatar through the QFC's platform and we will continue to work closely to develop these connections.
Franck Gellet, Ambassador of France to Qatar, said: 'We are delighted to welcome a delegation of more than 50 French corporations in Doha on the occasion of the Qatar-France Business and Investment Forum a precedent in Qatar. The relations between France and Qatar have been developing all along the past fifty years on the basis of friendship, mutual trust and shared values and interests. French investments in Qatar have been on the rise, reflecting the dynamism and the level of commitment of French companies operating in Qatar, some of them for decades.
Some 200 French companies are working alongside public and private stakeholders such as the QFC on key projects in oil and gas, electricity and water, transport, urban development and other fields, assisting Qatar in achieving its goals, enshrined in the Qatar Vision 2030.
The QFC is an onshore jurisdiction, allowing companies to operate in and from Qatar within the QFC legal and tax environment.