Qatar Chamber, Czech industry confederation seek robust co-operation ties

Officials of Qatar Chamber and the Confederation of Industry of the Czech Republic held a meeting on Wednesday to review ways to enhance co-operation relations.
Qatar Chamber board member Ali bin Abdullatif al-Misnad received the confederation’s vice-president, Radek Spicar, who is part of the delegation of Czech Republic President Petr Pavel, who is currently in Doha.
The meeting was held in the presence of Qatar Chamber acting general manger Ali Saeed bu Sherbak al-Mansouri and Simona Drahonovska, counsellor of the Czech embassy to the State of Qatar.
During the meeting, both parties reviewed cooperation relations between the Qatari and Czech private sectors and explored investment opportunities, and the business climate in both countries, and discussed incentives and ease of doing business to attract foreign investments.
Al-Misnad expressed Qatar Chamber’s keen interest in enhancing cooperation between the Qatari private sector and its Czech counterpart, noting that there are plenty of opportunities for bilateral cooperation and partnerships in various sectors.
He emphasised that the Qatari market is open to all investments and urged Czech firms to invest in Qatar, which offers a world-class infrastructure, leading economic legislation, and a multitude of investment opportunities. He highlighted that Qatar Free Zones provide attractive investments in innovation, ICT, and other sectors.
Al-Misnad noted that Qatar aims to become a global business and investment hub, positioning itself as an attractive investment destination. He highlighted the incentives, processes, and exemptions in place to attract international and foreign companies.
He underscored the importance of strengthening co-operation between the private sectors on both sides through the exchange of business missions, the signing of co-operation agreements, and working to establish a joint business council, which would promote trade and investment.

Spicar said the visiting delegation comprises numerous leading companies in various industries, such as cybersecurity, railways, automotive, ICT, infrastructure, energy, and others.

He emphasised that the Czech Republic stands as one of the most prominent industrial countries in Europe with the industrial sector accounting for 35% of its GDP and 80% of its exports directed to the EU.

Spicar said members of the delegation is keen to learn about the Qatari market and available investment opportunities, as well as to meet with Qatari businessmen to explore potential partnerships and co-operation, in addition to promoting opportunities provided by the Czech Republic in various sectors.

It is noteworthy that the Confederation of Industry is the leading business organisation in the Czech Republic, providing a voice for employers at the national and international levels. It aims to assert the interests of members, companies, and associations of all sizes across key industry sectors, including many SMEs.

Its main goal is to promote conditions in which the business sector in the Czech Republic can flourish and remain competitive at the national and local levels within the EU and internationally.