Polish President urges Qatari investors to invest in Poland| MENAFN.COM

Thursday, 20 January 2022 01:32 GMT

Polish President urges Qatari investors to invest in Poland

(MENAFN- The Peninsula) The Peninsula

Doha: President of the Republic of Poland H E Andrzej Duda called on Qatari businessmen to invest in his country and learn more about Poland investment climate.

He was addressing the Qatar-Poland Economic Roundtable held yesterday at Sheraton Hotel in the presence of Minister of Commerce and Industry H E Sheikh Mohammed bin Hamad bin Qassim Al Abdullah Al Thani and Second Vice-Chairman of Qatar Chamber Rashid bin Hamad Al Athaba.

Qatar Airways Group Chief Executive and Chairman of Qatar Tourism H E Akbar Al Baker and Investment Promotion Agency Qatar (IPA Qatar) CEO H E Sheikh Ali bin Alwaleed Al Thani were also present at the meeting alongside with a number of Qatar Chamber board members and businessmen from both countries.

President Duda underscored the key role played by the Qatar-Poland Business Council which was formed last year in promoting relations between both parties.

He also said that Qatar and Poland are among the world's most dynamic countries, noting that they enjoy strategic relations and that Poland imports 2.1 million tonnes of LNG from Qatar, reflecting that Qatar is a strategic partner to Poland. President Duda pointed out that Poland is rife with investment opportunities in various sectors such as aviation, IT, communication, agriculture and food.

He expressed hope to see more Polish participation in the infrastructure projects which are being implemented in Qatar to achieve the QNV 2030, stressing the preparedness of his country to exchange its experience with Qatar in organising FIFA World Cup Qatar 2022.

For his part, Rashid bin Hamad Al Athba raised the close relations between Qatar and Poland in all fields, stressing that both countries are keen on developing these relations to broader vistas.

He referred to the Amir H H Sheikh Tamim bin Hamad Al Thani's visit to Poland in 2017 which ended with fruitful conclusions, noting that the Qatar-Poland Business Forum which was held on the sidelines of the visit contributed to further activating both countries' economic and commercial relations and opened wider fields for cooperation in the private sector.

Al Athba also said that the two countries' trade volume tripled within the past five years from QR650m in 2015 to QR2.65bn last year, while it reached QR2.8bn until the end of the third quarter of the current year. As for mutual investments, he pointed out that there are many Polish companies operating in Qatar in partnerships with Qatari partners in various sectors such as contracting, designing, technical services, health, and consultation.

He indicated that there are many Qatari investments in Poland in various sectors such as hospitality and industry, stressing that Poland is an attractive destination for Qatari investments.

QC's Second Vice-Chairman underscored the Chamber's eagerness to strengthen cooperation ties between the Qatari business community and its Polish counterpart, inviting companies from both countries to enhance cooperation, establish joint ventures and cooperate in projects that benefit both friendly countries' economies.

He pointed out that the State of Qatar offers an appropriate environment for businesses, stressing that it offers world-class infrastructure, attractive economic legislations, and stimulus incentives for foreign investments in the presence of many free, logistic, and industrial zones which provide promising opportunities for investors.

On his part, Sheikh Ali bin Alwaleed Al Thani delivered a presentation about investment climate in Qatar and potentials offered before Polish investors.

From the Polish side, Pawel Majewski, CEO of Polish Oil and Gas Company gave a presentation titled 'Energy security and the future of the regional gas market', while Beata Daszynska-Muzyczka, CEO at Bank Gospodarstwa Krajowego delivered a presentation about 'Poland and its region - opportunities for Qatari investors within the Three Seas initiative'.

On the sidelines of the meeting, three MoUs were signed between Qatari and Polish companies to boost their cooperation in many sectors. Qatar National Convention Center and Polish Trade and Exhibition Center, Qatar-based Technical Services Group and Polish ZPUE Wloszcowa and Qatar-based Edraq and Poland-based AIDA Diagnostics signed the MoUs.



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