*Chamber also looking at emerging countries as potential 'Made in Qatar' market
*Qatar Chamber plans to stage‘consolidated initiative’ with Kuwait, Oman and Turkey
Following the successful staging of ‘Made in Qatar’ in Oman last year, Qatar Chamber is studying plans to hold the exhibition in Africa and emerging countries, as well as other markets abroad to promote locally-manufactured products, a chamber official has said.
Citing Africa as “the right market” for Qatari products, Qatar Chamber board member Mohamed Ahmed Mohamed Ali al-Obaidli told Gulf Times that the authorities involved in organising the ‘Made in Qatar’ exhibition are still studying ways to bring the event to other offshore markets.
“We are thinking that the next one (‘Made in Qatar’) would be held in Africa because that is the right market for us, but we are still undecided…and we are also looking at other emerging countries.
“We have to determine which products are the right ones for these markets, which is why the chamber is still studying and in discussion with the authorities concerned but this is what we are planning to do in the coming years,” al-Obaidli pointed out.
Al-Obaidli also said Qatar Chamber is also planning to stage a “consolidated” initiative “between Qatar, Kuwait, Oman, and Turkey,” adding that chamber officials are in discussion with their Kuwaiti counterparts.
The ‘Made in Qatar’ exhibition held in November 2018 at the Oman Conference & Exhibition Centre in Muscat was the seventh edition of the event and the second edition to be held outside Qatar.
Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani said earlier that Qatar and Oman “have enjoyed deep-rooted and historic ties.”
“Within the past few years, both countries have exerted extra efforts to improve and bring economic and trade relations to higher levels to match their strong brotherly relationships.
“This remarkable convergence, which was obviously demonstrated through Oman’s support for Qatar during the unfair June 2017 siege…after the economic blockade, Qatar’s private sector sought to further strengthen co-operation relations with its Omani counterpart,” Sheikh Khalifa said.
In November last year, Qatar Chamber also reported that Oman was the top destination for the country’s non-oil exports, the value of which stood QR2.24bn or “a strong 13.3% year-on-year increase.”
The chamber’s monthly report, which was prepared by its Department of Research, Studies, and Management of Member Affairs, said Oman received QR525.9mn or 23.4% of the total value of non-oil exports for November 2018.
Conversely, Omani exports to Qatar witnessed a “489% growth within the past two years,” according to Oman Chamber of Commerce and Industry deputy chairman Dr Salim bin Sulayem al-Junaibi in an interview with Al Moltaqa, Qatar Chamber’s monthly magazine.
Al-Junaibi said Oman’s exports to Qatar increased from 93mn Omani riyals (OR) in 2016 to OR549mn in 2017. He said there are 152 joint investments with capital worth OR116mn, including Qatari investments in Oman worth OR77mn in the fields of trade, construction, services, real estate, industry, transport, mining, health, finance, electricity, and water.