Somalian President calls on Qatari investors to invest in his country


President of the Federal Republic of Somali HE Hassan Sheikh Mohamud received in his residency at the Sheraton Hotel a delegation from Qatar Chamber led by its Chairman HE Sheikh Khalifa bin Jassim Al Thani.

The delegation included board members Eng. Ali bin Abdullatif Al Misnad, Dr Khaled bin Klefeekh Al Hajri, Naser Sulaiman Al Haider and Dr Mohamed bin Jawahar Al Mohamed.

The meeting was also attended by HE Ambassador of the State of Qatar to Somalia Dr. Abdullah bin Salem Al Nuaimi.

During the meeting, both parties reviewed the commercial and investment relations between both countries and the means to enhance them, and the role of the private sector on both sides in developing these relations and promoting the two countries’ bilateral trade exchange.

Addressing the meeting, President of Somali HE Hassan Sheikh Mohamud praised the close relations between his country and the State of Qatar, stressing the role that can be performed by the private sector in enhancing the commercial relations between both countries.

Sheikh Mohamud reviewed the investment climate in his country and the incentives it offers for investments, calling Qatari businessmen to explore the opportunities available in Somalia in establishing projects in various sectors.

Mohamud said that Somalia welcomes Qatari investors in a number of important sectors such as infrastructure, services, mining, livestock, fisheries, oil, gas and others, pointing out that Somalia offers a stimulating investment climate and a lot of incentives for foreign investors.

HE pointed out that Somalia is characterized by a distinguished geographical location in Africa, and has the longest coast in the continent, and it also has the largest number of livestock in Africa.

The Somalian President indicated that his country exports livestock to a number of countries through its four ports, where the State of Qatar can import what it needs from the livestock through these ports.

On his part, HE Sheikh Khalifa bin Jassim Al Thani said that the Qatari private sector is keen to enhance cooperation with its Somalian counterpart, noting that there are many Qatari companies that are interested to invest in Somalia.

HE noted that the Qatar Chamber is interested in encouraging Qatari businessmen to invest in brotherly countries that offer attractive investment opportunities such as Somali.

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