Companies importing raw materials seek alternatives
June 11 2017 09:32 PM
A meeting held at Qatar Chamber
Officials at the meeting.

Doha

Representatives of companies importing primary materials in Qatar have discussed options to find new sources of import in view of the blockade imposed by some Gulf countries.

A meeting held at Qatar Chamber (QC) brought together representatives of stakeholders in the field of import and storage, the official Qatar News Agency reported.
Officials from these companies said they have already begun entering into deals with some neighbouring countries to provide them with their primary construction material requirements.
Eisa al-Hammadi, CEO of Qatar Primary Materials Company (QPMC), said the company's strategic inventory, including gabbro, fine sand and limestone material is sufficient for one year.
He also announced that QPMC is co-ordinating with the Ministry of Municipality and Environment to issue special tenders for private sector companies to recycle construction waste and drilling products into usable products.
Importers of building materials called for facilitating import and storage procedures, allocating logistics space to store goods and reviewing storage charges.
Captain Abdullah Khonji, CEO of Qatar Ports Management Company (Mwani Qatar), said the company has facilitated the import of building materials in light of the current conditions.
QC vice-chairman Mohamed bin Ahmed bin Towar al-Kuwari said Qatar has many options and alternatives to meet the needs of the local market for all commodities, whether foodstuff or primary construction materials.
He pointed out that the launch of two new direct services between Hamad Port and Sohar Port and Port of Salalah in Oman would help boost the movement of Qatari imports from around the world.
Further, he called on Qatari businessmen to invest in Omani ports and not only to import goods through them, stressing the keenness of the Omani private sector to enter into investment partnerships with Qatari businesses in both countries.
There is an opportunity to build partnerships with Omani businessmen aimed at establishing projects in the Sultanate, especially at Omani ports, he stressed.
The strength of the Qatari economy and the awareness of businessmen were crucial factors in preventing any demand-supply gap in the domestic market since the first day of the crisis by covering goods - were coming from the countries that imposed the blockade - with alternatives from other countries without any impact on the consumer, he added.
In this context, al-Kuwari lauded the response of businessmen with a pivotal role played by Qatar Chamber.
Ali Abdul-Latif al-Misnad, member of the board of directors of the Chamber and honorary treasurer, said the Qatari economy was not affected by the ongoing blockade and showed great strength and cohesion following the severing of diplomatic ties by Saudi Arabia, the UAE and Bahrain.
Food imports to the Qatari market continued at a faster pace through deals traders entered into with exporters from other countries, he said, adding that daily food products have arrived from Turkey and other markets and the consumer does not feel any shortage of food.
Al-Misnad highlighted the role played by QC by holding meetings with traders and businessmen, praising its ongoing efforts to overcome all obstacles facing them and discuss such obstacles with the parties concerned in order to resolve them.



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