Qatar Chamber’s ‘Made in Qatar’ Oman edition is expected to offer mega investment opportunities during the event slated from December 3 to 6 at the Oman Conference & Exhibition Centre.
Qatar Chamber’s first vice chairman Mohamed bin Towar al-Kuwari said the exhibition, held under the patronage of HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa al-Thani, will witness the participation of 240 Qatari manufacturing companies.
Al-Kuwari lauded “the wise leadership’s interest” in supporting the industrial sector, and affirmed that “tireless efforts are being made to eradicate all obstacles facing this sector in order to play its anticipated role in the national economy.”
He said, “Qatari businessmen recognise that industry becomes a strategic choice, especially the manufacturing industries which have witnessed great development recently.
“Industry is the backbone of any developed and strong economy. It is a key pillar of the economic development because the industrial sector ensures an added value for the economy and ensure providing the local market of its needs as well as it creates jobs.”
Al-Kuwari stressed the importance of increasing investments in petrochemical industries, noting that Qatar is a leading country in this sector as it owns the primary materials of oil and gas needed for this industry. He called on businesses in Qatar and Oman to review ways of establishing more joint investments in this sector, as well as in the small and medium-sized enterprise sector, food, agriculture, and pharmaceutical industries.
He also underscored the incentives offered by Oman to encourage investments in industry, especially with the provision of new ports and developed infrastructure. He noted that the ‘Made in Qatar’ event in Muscat will offer a good opportunity for Qatari and Omani manufacturers to set up alliances and partnerships in this sector.
Al-Kuwari said the ‘Qatar-Oman Business Forum’, which will be held on the sidelines of the expo would offer a range of investment opportunities for both sides, affirming that the forum would focus on means of increasing joint investments and trade between both countries, as well as encouraging businessmen to establish projects that serve both economies.
The event aims to promote the industry and Qatari products locally and globally, encourage the use of Qatari products and reduce dependence on imports, encourage investors and entrepreneurs to invest in industrial projects, support the state’s approach to public-private partnerships, Qatari companies, and to push the industry, especially in small and medium industries, al-Kuwari said.
Al-Kuwari: Supporting the industrial sector.
