Qatar Chamber of Commerce and Industry (QCCI) held a meeting here yesterday with a visiting Indian trade delegation. Investment opportunities by Qatari businessmen and their Indian counterparts in various sectors including oil, engineering services, water treatment, automobile, iron and steel industry, mining and tourism were discussed during the meeting.
QCCI’s board member Rashid Mohammed al-Azbaa highlighted the role Qatar plays to adopt financial policies supporting growth. He also highlighted Qatar’s process of expansion in producing energy, where the Qatari economy has become one of the fastest growing in the world.
In that context, Mohamed added that the good investment climate enjoyed by Qatar encourages the establishment of effective partnerships between the Qatari private sector and its counterparts in several countries, especially to acquire the technology and expertise required.
He pointed out that the Indian delegation’s visit is an opportunity to deepen partnerships between the private sectors in both countries.
For his part, Chairman of the Board of Directors of “South West International Company”, K. Kutty, who is also chief of the Indian trade delegation, said that the company he represents enjoys experience in the small and medium companies sector.
Kutty called upon Qatar to take advantage of the Indian expertise to set up investment partnerships and projects.
Meanwhile, deputy chief of the Indian delegation and Minister (political) at the Indian embassy, Sanjeev Kohli, said the goal of the Indian delegation’s visit was to strengthen co-operation between the private sectors in both countries in light of the availability of investment opportunities in the sectors.