Central African Republic (CAR) has expressed its keenness to attract Qatari investments in several major industries, according to Qatar Chamber vice chairman Mohamed bin Towar al-Kuwari.
Al-Kuwari held a meeting yesterday with CAR Minister Mahamat Taib Yacoub, special adviser on co-operation with the Arab world, who said his country has “multitude of business opportunities in agriculture, mining, and oil.”
“The meeting focused on ways of enhancing co-operation relations and informing Qatar Chamber and Qatari businessmen on the investment opportunities available in Central African Republic,” al-Kuwari said.
During the meeting, Yacoub said CAR is a landlocked country in Central Africa spanning 623,000 square kilometres with a population of 5mn people. He emphasised that CAR “is very keen” to strengthen co-operation ties with Qatar and in attracting Qatari investments.
“I would like to thank the chamber for hosting this meeting, and I am calling on Qataris to visit our country to explore the investment climate and incentives introduced by our government,” Yacoub said.
Al-Kuwari said Qatar Chamber “highly welcomes” the visiting delegation, adding that Qatar Chamber had offered its assistance to encourage Qatari businessmen to pour investments in CAR.
“Qatar is interested to increase its investment in Africa, which is replete with profitable investment opportunities,” al-Kuwari said.
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