Qatar Chamber explores investment opportunities in Irish tech sector


Qatar Chamber (QC) met with a trade delegation from the Republic of Ireland headed by the Irish Minister of State at the Department of Foreign Affairs and Trade Ciaran Cannon.
The two sides discussed means of trade and economic co-operation in the fields of investment, the most important of which are technology and agriculture.

The Irish minister said that Qatar and Ireland share common points in terms of their ambitions to expand their foreign investments.

The business owners in both countries are interested in identifying the available investment opportunities, especially in sectors such as agriculture, education, technology, health and petrochemicals.

Ireland views Qatar as a promising investment destination and an important financial centre in the region.
He pointed out that there are consultations between the two countries to co-operate in the sector of agriculture and meat supply, while the agricultural sector is an attractive sectors of investment, indicating that the prospects for new investment open the way for the private sector to promote foreign investment, which did not exceed €500mn and is hardly limited to the financial sectors, banking and aviation sector.
Qatar Chamber vice chairman Mohamed bin Twar said that Qatar’s private sector has been able to play a major role in the economic development, which provides an important opportunity to strengthen investments with the Irish side, especially after Qatar became an important station to attract international investments in many areas.

He said that Qatari businessmen are looking to identify the investment climate in Ireland and discuss the possibility of starting joint co-operation with their counterparts there.
He expressed the Chamber’s readiness to support Irish companies in their quest to explore the Qatari market and provide the necessary economic data.

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