November 12 2018
Qatar Chamber officials discussed investment opportunities with a Filipino trade delegation headed by Chamber of Furniture Industries of the Philippines (CFIP) executive director Salvio Valenzuela in a meeting held at the chamber venue.
With representatives from seven prominent furniture manufacturing companies in the Philippines, the delegation presented the most important features of the Filipino industry in this sector. The delegation members expressed their interest in entering the Qatari market through establishing join projects with their Qatari counterparts.
Qatar Chamber first vice-chairman Mohamed bin Towar al-Kuwari said the chamber welcomes the cooperation between Qatari and Filipino companies. He said the Qatari market is open to high-quality Filipino products, even as he encouraged more cooperation between businessmen of both the countries. Qatar-Philippines trade volume in 2017 stood at $133mn, al-Kuwari noted.
The Qatar Chamber official also described Filipino workers as “committed” and “efficient” in many productive and active sectors in the country, “contributing positively” to Qatar’s development.
During the meeting, the Filipino delegation presented a detailed brief on the investment environment in the Philippines, followed by sectors in which both sides can explore investment opportunities.
The delegation also presented governmental efforts in training Filipinos before working abroad, its keenness in extending them with language skills, and increasing their awareness on the laws in Qatar.