Business
QFC's Paris, Spain roadshows witness huge participation
QFC's Paris, Spain roadshows witness huge participation
Qatar Financial Center (QFC) has showcased QR161bn worth business opportunities before French and Spanish business houses as part of attracting more global investors and foreign direct investment, notwithstanding the 10-month economic blockade.
Senior officials from the QFC, one of the world’s leading and fastest-growing onshore business and financial centres, successfully concluded its roadshows where they had panel discussions, face-to-face consultations and networking events with professionals from French and Spanish corporations and private firms.QFC highlighted as much as QR72.8bn investment opportunities in Qatar's sports and events markets until 2023, QR46.6bn in transportation, QR21.2bn in healthcare and QR20bn in tourism and culture."Over 120 French companies came to meet and hear from the QFC Authority (QFCA) at their roadshow in Paris, thus confirming and celebrating forty seven years of excellent Franco-Qatari relations. At this key moment in the history of Qatar, we hope more French companies set up their business in Qatar. Most sounded particularly keen and enthusiastic,” according to Dr Khalid bin Rashid Salem al-Mansouri, Ambassador of Qatar to France.QFCA chief executive Yousuf Mohamed al-Jaida said despite the regional blockade, Qatar and the QFC are finding "challenges become opportunities" as he highlighted that 2017 was the fastest growth period for the QFC, with new firms joining the platform increasing by 66% year-on-year.