Qatar Chamber hosted a delegation of businessmen from South Africa to discuss the prospects of enhancing joint cooperation in sectors including industry and agriculture. The South African delegation was led by Shirish Soni, Ambassador of the Republic of South Africa to Qatar.
Vice Chairman of Qatar Chamber Mohammed bin Ahmed bin Towar called on South African investors to establish partnerships with Qatari businessmen in order to enhance the relations between the private sectors in both countries and rise the volume of trade exchange between the two sides. Trade volume between the two countries reached about $450m last year.
He underlined the readiness of Qatar Chamber to provide the South African businessmen with all data and statistics to help study the investment opportunities in Qatar.
The Vice Chairman of Qatar Chamber reviewed a number of investment incentives offered to foreign capital in Qatar, calling on investors and businessmen from Qatar and South Africa to identify the available investment opportunities and enter into new partnerships.
For his part, the South African Ambassador underlined the interest of the businessmen in his country to identify the investment opportunities available in the Qatari market, especially in the sectors of engineering and construction, oil and gas, water and juice bottling, information technology, industrial equipment and others.
He noted that South Africa attaches priority to the industrial sector, especially that his country has export destinations with all countries of the world.
He said that the visit of the South African business community to Qatar aims at introducing Qatari businessmen to the potentials in South Africa.