The West African country of Mali has invited Qatari investors to participate in major projects in the fields of infrastructure and agriculture, private sector leader Qatar Chamber announced Monday.
The Chamber’s first vice chairman, Mohamed bin Towar al-Kuwari, held a meeting with a delegation from Mali headed by Sedou Coulibaly, the president of CIRA.SA and vice president of the patronat of Mali, as well as the ambassador of the Republic of Mali to Qatar, Cheick Ahmed Tidiany.
During the meeting held at the Qatar Chamber headquarters, Coulibaly delivered a presentation on five investment projects in the fields of infrastructure and agriculture, as well as other sectors.
Coulibaly called on Qatari investors to invest in these projects, which include the development of a 550km road linking Bamako and Senegal’s capital of Dakar with investments worth €185mn.
One project is the development of the Bamako Corniche, which will provide 100,000 hectares of cultivated lands along the Niger River, while another plan is the establishment of an agricultural project for vegetables and fruits on a 300-hectare area with annual revenue worth more than €75mn.
Tidiany stressed that both countries “own distinguished relations,” especially that Qatar “is very active in Mali in the humanitarian aspect.”
Addressing the meeting, al-Kuwari said Qatari businessmen “are interested in exploring investment opportunities available in Africa, particular in Mali. He noted that Qatar and Mali enjoy “developed relations,” and affirmed that the private sector “could play a key role in deepening these relations.”
Al-Kuwari also lauded the delegation’s visit to Qatar, which, according to him, “sheds the light on investment opportunities available in Mali, which attract Qatari businessmen interested in establishing investments abroad.”
“Qatar Chamber supports the country’s efforts towards enhancing co-operation with all world countries within the framework of its economic diversification and investment plans abroad,” al-Kuwari pointed out.
He noted that Qatar is keen on increasing investments in Africa, adding that Qatar Chamber encourages businessmen to invest in Mali and take advantage of the opportunities offered.