Brazilian technology firms seek to invest in Qatar


Qatar Chamber Board Member Dr Khalid bin Klefeekh Al-Hajri met on Sunday with a delegation of the Arab-Brazilian Chamber of Commerce (ABCC) which is presided over by Rafael Solimeo, Director, and Head of the ABCC International Office.

The meeting deliberated upon means to develop the economic cooperation between Qatar and Brazil and the investment opportunities galore for cooperation between Qatari and Brazilian companies in the technology and innovation sectors. It also dealt with the possibility to organise a joint business forum to review means of forging partnerships between the private sector in both countries.

Speaking at the meeting, Dr Khalid Al-Hajri affirmed that Qatar Chamber encourages Qatari businessmen and investors to invest in Brazil, noting that Qatar attaches great importance to modern technology in business, especially in the agricultural field.

Al-Hajri reviewed the climate and incentives of investment in Qatar, calling on the visiting delegation to learn about investment opportunities in the Qatari private sector and to benefit from the incentives it provides to foreign investors, stressing that Qatar offers advanced infrastructure and leading economic legislation.

On his part, Rafael Solimeo said that Qatar is an important trade partner for Brazil, and there is an opportunity to increase cooperation between the private sectors in the two countries in light of the available capabilities, indicating that Qatar ranks fifth in the Arab world in the volume of trade with Brazil.

Solimeo also noted that the Arab Brazilian Chamber encourages the establishment of partnerships between the two sides, indicating that the delegation, which represented a number of Brazilian companies specialized in technology, innovation and solutions, is willing to identify the available investment opportunities and the possibility of establishing partnerships with the Qatari side.

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