Congolese President invites Qatari businessmen to invest in his country

30-03-2021

President of the Democratic Republic of Congo H E Felix Tshisekedi called on Qatari businessmen and investors to invest in his country and benefit from the opportunities it offers in various sectors such as infrastructure, agriculture, transportation, mining, education, and others, stressing that his country is currently working to improve the investment climate to attract more foreign investments.

Tshisekedi was speaking during a meeting held on Monday March 30 which was held at the Sheraton Hotel in the presence of Qatar Chamber (QC) First Vice-Chairman Mohamed bin Ahmed bin Towar Al Kuwari and QC Board Member Mohamed bin Ahmed Al Obaidli, alongside other Qatari businessmen.

The meeting touched on ways of enhancing trade relations between both countries and exploring the investment opportunities available in DR Congo.

Tshisekedi also praised Qatar’s interest to invest in the African continent and in DR Congo, terming Africa as the future of world and humanity.

“Africa is rapidly progressing worldwide in the economic and political levels. It has enormous potential and natural and human resources,” he added.

The Congolese president emphasised that his country highly welcomes the Qatari investments, pointing out that there are a plenty of opportunities and projects in Congo that attract Qatari investors.

During the event, Al Kuwari also praised the close relations between Qatar and DR Congo, noting that despite these strong relations, their trade volume is still modest and does not live up to the aspirations of the two nations, and does not correspond to the potential and facilities granted by both countries.

He added that DR Congo is rich of untapped natural resources and has enormous potential in agriculture and mining, stressing that this provides great opportunities for investment and cooperation between both countries and opens the door to several opportunities to promote co-operation between Qatari companies and their Congolese counterparts.

Al Kuwari went on to confirm the interest of Qatari businessmen to explore the investment opportunities available in Congo and interest and support of Qatar Chamber for boosting cooperation between the private sectors of both friendly countries, expressing the Chamber’s readiness to help Congolese businessmen and investors seeking to set up direct or joint ventures in Qatar.

The Chamber strongly supports and urges Qatari investors to invest in DR Congo, especially since Qatar attaches great importance to investments in Africa generally and in Congo in particular, he added.

“Qatar has managed to achieve a raft of accomplishments in all fields and is witnessing an inclusive economic development thanks to its wise leadership and sound economic policies, turning the state into a regional and international business and investment hub. It has built a sophisticated infrastructure, developed free and industrial zones, and issued many economic legislation and laws that created an attractive climate for investment,” Al Kuwari said.

He went on to invite Congolese companies to invest in Qatar and build genuine partnerships with Qatari companies in almost all sectors, such as industry, services, tourism, banking, and others; and expressed his hope for the meeting to lay the groundwork for both sides and represent a push for greater cooperation in the future.

During the meeting, the Congolese side delivered a number of presentations which highlighted the investment opportunities and sectors that might attract Qatari investors.

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