Qatar, Indonesia to expand economic cooperation


Qatar Chamber (QC) hosted an Indonesian trade delegation headed by the Chairman of Indonesian Professional Engineer Association and the Deputy-Chairman of Indonesia Chamber of Commerce and Industry Raswari Anwar.

The trade delegation comprised representatives of 12 companies specialised in oil and gas, trading, construction, services, food industries and water supplies. Both sides exchanged ideas and explored opportunities to deepen and expand cooperation in business, trade and investment.

Addressing the event, Qatar Chamber Vice-Chairman Mohamed bin Ahmed bin Twar said that Qatar and Indonesia enjoy strong economic relationship, noting that Indonesia is one of Qatar’s most important countries in South-East Asia.

“Their bilateral trade volume reached $342m (QR1.24bn) last year. With regard to the mutual investments, Indonesia is one of Qatar’s favourite destinations of investment. There are various Qatari investments in Indonesia in communication and banking sectors. There are nine Qatari-Indonesian companies and two companies of 100 percent Indonesian capital specialised in construction, engineering and technology all are operating in the Qatari market,” he added.

Bin Twar pointed out that Qatar has successfully managed to defeat the unjust siege imposed by three Gulf countries for more than a year thanks to the visionary foresight of the wise leadership and the government measures.

Elaborating benefits of the crisis, he noted that the siege motivated the country to accelerate many economic strategies and urged businessmen to invest in all sectors.

It opened new channels of cooperation with many friendly countries including Indonesia.

He also highlighted Qatar’s investment climate which is supported by strategic policies adopted by the wise leadership and pro-investment legislations, calling on Indonesian companies to cooperate with Qatari companies in all fields. There are a multitude of business opportunities in Qatar.

Head of Indonesian team said that his country is interested to deepen economic and trade relations with Qatar, noting that the Indonesian association highly welcomes establishing partnerships with Qatari firms.

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