Polish President Andrzej Duda attended the inauguration of the ‘Poland-Qatar Economic Roundtable’ on Sunday, featuring the participation of HE the Minister of Commerce & Industry Sheikh Mohamed bin Hamad bin Qassim al-Abdullah al-Thani.
Organised by Qatar Chamber, in co-operation with the Embassy of the Republic of Poland in Doha, the roundtable featured the participation of Investment Promotion Agency of Qatar (IPA Qatar) CEO Sheikh Ali Alwaleed al-Thani, along with a number of senior business people, investors, heads and representatives of major Qatari and Polish companies specialised in various fields.
The roundtable proceedings included a discussion session and presentations on the business environment in Qatar and Poland. The talks also featured the investment opportunities available to companies and business people, in addition to shining a spotlight on a number of investment sectors available in both countries.
The roundtable seeks to enhance trade, investment and industrial co-operation between the two nations. It also aims at opening horizons for communication between representatives of the Qatari and Polish private sectors to establish investment projects that serve both countries’ interests.
In a statement, Qatar Chamber said Duda called on Qatari businessmen to explore Poland’s investment climate, particularly in the following sectors: aviation, IT, communications, agriculture, and food, among others.
Qatar Chamber second vice chairman Rashid bin Hamad al-Athba lauded the close relations between Qatar and Poland “in all fields,” stressing that both countries “are keen on developing these relations to broader vistas.”
Al-Athba was referring to His Highness the Amir Sheikh Tamim bin Hamad al-Thani’s visit to Poland in 2017, which resulted in “fruitful conclusions.” He said the business forum, which was held on the sidelines of the visit contributed to further activating both countries’ economic and commercial relations and opened wider fields for co-operation in the private sector.
According to al-Athba Qatar-Poland trade volume “tripled within the past five years” from QR650mn in 2015 to QR2.65bn last year. At the end of Q3 2021, it stood at QR2.8bn, he said.
On mutual investments, al-Athba said there are many Polish companies operating in Qatar’s contracting, designing, technical services, health, and consultation sectors. He said there are many Qatari investments in Poland’s hospitality and industry sectors, stressing that Poland “is an attractive destination for Qatari investments.”
On the sidelines of the meeting, three memoranda of understanding (MoUs) were signed between Qatari and Polish companies to boost co-operation in several sectors. The companies that signed the MoUs are Qatar National Convention Centre and Polish Trade and Exhibition Centre, Qatar-based Technical Services Group and Polish ZPUE Wloszcowa, and Qatar-based Edraq and Poland-based AIDA Diagnostics.