Qatar Chamber and IPA Qatar Review Enhancing Cooperation to Attract Investments
Qatar Chamber (QC) and the Investment Promotion Agency Qatar (IPA Qatar) discussed ways of enhancing cooperation between both parties in promoting Qatar’s investment climate and identifying investment opportunities available in the state in line with their joint efforts to draw further foreign investments.
This came during a meeting held on 14 October at the Chamber’s headquarter between QC First Vice Chairman HE Mohamed bin Ahmed bin Twar Al Kuwari and IPA Qatar CEO HE Sheikh Ali Alwaleed Al Thani.
The meeting also touched on fields proposed for cooperation between both sides to be included in a cooperation agreement that will be inked in the coming period.
Speaking during the event, HE Mohamed bin Twar stressed QC’s keenness to foster cooperation and communication with all government agencies in a way that maximises the private sector’s participation in the economy and enhances their anticipated role in national development.
HE pointed out that the Chamber is interested in bolstering cooperation with IPA Qatar, whose key mandate is to promote investment and attract FDI to Qatar, affirming that this complements the efforts of the Chamber as representative of the private sector.
Twar also paid tribute to IPA Qatar and its essential role in attracting investments, pointing out that it has made tremendous efforts to promote investments in Qatar since its founding in 2019, adding that the Chamber is keenly interested to invite IPA Qatar to provide foreign delegations visiting the chamber with an overview of the country’s investment climate, both before the outbreak of COVID-19 and via video conference amidst the crisis.
IPA Qatar CEO HE Sheikh Ali Alwaleed Al Thani said that the agency is pleased to enhance cooperation with the Chamber and join hands to promote the state’s investment climate and opportunities galore for investors, affirming that IPA Qatar is developing a digital platform for investors which will play an important role in identifying investment opportunities across sectors.
HE Sheikh Ali also pointed out that IPA Qatar has been working to draw more investments to the state in line with Qatar National Vision 2030, indicating that it seeks to be an integrated source for investment solutions in Qatar by attracting foreign direct investments (FDI) in all priority sectors.