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Posted On: 19 January 2019 03:06 pm
Updated On: 3 April 2019 12:58 pm

High demand for Turkish real estate sector in Qatar

Khadiza Begum
Khadiza Begum
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The third edition of Turkey Expo Qatar came to a close at the Doha Exhibition and Convention Centre yesterday. Turkey Expo Qatar board member Atilla Kurucayirli said the exhibition saw real estate sales worth 200mn Turkish Lira. He added that fruitful meetings were held during the three-day expo between participating Turkish companies, investors and visitors interested in businesses in Turkey, adding the exhibition also witnessed the signing of 48 agreements and 68 memorandums of understanding in various fields of trade.The third edition of Turkey Expo Qatar came to a close at the Doha Exhibition and Convention Centre yesterday.

Kurucayirli pointed out that the participating real estate companies in the expo met with great interest Qataris and Turks residing in Qatar, noting that the exhibition was very fruitful and received great interest from investors in Qatar.
The exhibition is part of the efforts of the two countries to consolidate the co-operation, and to establish joint investments that contribute to increasing the volume of trade exchange.

Bilateral meetings and gatherings were held on the sidelines of the expo aiming at consolidating the commercial partnership between the government and private sectors in both countries. Some 120 Turkish companies took part in the expo to showcase their services in various fields, including real estate, construction materials, food, medical tourism, textiles, furniture and decoration, as well as a number of companies specialising in advanced technology, programming and information technology.

The volume of investments of Turkish companies in Qatar is to the tune of $16bn.
And Qatar is the second largest foreign investor in Turkey, with $20bn of investments in different sectors, including agriculture, tourism, real estate and banking.
The number of Turkish companies operating in Qatar with joint Qatari and Turkish capital is 242, while the number of Turkish companies operating in Qatar with 100% Turkish capital is about 26.

(Source: QNA)