Qatar Chamber discusses investment prospects with Chad, Equatorial Guinea teams


(MENAFN- The Peninsula) QNA

Doha: Qatar Chamber held two separate meetings with trade delegations from the Republic of Chad and the Republic of Equatorial Guinea to discuss ways to enhance cooperation in the economic, trade and investment fields, and to encourage businessmen to form alliances and joint ventures.

In a statement issued yesterday by Qatar Chamber, First Vice-Chairman of Qatar Chamber Mohamed bin Ahmed bin Towar Al Kuwari noted that Qatari businessmen desire to invest in Africa, pointing to the promising investment opportunities available for Qatari businessmen. He pointed out the successful experiences of Qatari businessmen in the Republic of Uganda, expressing hope to repeat these models in Chad.

The Secretary of State at Chad's Ministry of Economy and Development Planning, Hussein Taher Soukoumi, reviewed the business climate in his country and the important investment opportunities available for Qatari businessmen. He invited Qatar Chamber to participate in the international investment forum to be held in Chad in June under the title 'investment in Chad to strengthen cooperation with the Arab world.

He pointed out that the forum will highlight the most important investment opportunities in Chad in the fields of agriculture, livestock, mining, and renewable energy.

Director-General of Chad's National Agency of Investments and Exports Ousman Elimi said that Chad, the fifth largest country in Africa, has enjoyed stability for many years, and full of untapped potential. He explained that the authorities of Chad continue to implement initiatives aimed at utilizing those possibilities, adding that his country has adopted the open market economic policies. Qatar Chamber discussed prospects for cooperation with a delegation from the Republic of Equatorial Guinea, headed by Minister of Mines and Hydrocarbon of Equatorial Guinea Gabriel Mbaga Obiang. The Minister invited Qatar Chamber to participate in the oil and gas conference organized in Equatorial Guinea in 2019, pointing out that his country aspires the partnership of Qatar and Russia in this important conference.

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