Projects worth $200bn are underway in Qatar as the country is working on improving its infrastructure, HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani has said.
These projects, he said “represented important opportunities that will encourage foreign investment and enhance partnerships”.
Sheikh Ahmed was addressing a luncheon meeting hosted jointly by the Qatar Embassy in Washington DC, the US-Qatar Business Council and the US Chamber of Commerce.
He said Qatar was transforming itself into a knowledge-based economy by 2030 with the lead role being played by the private sector. Over the past few years, Qatar has been pursuing a “flexible and multi-faceted” economic strategy derived from the Qatar National Vision 2030.
He described Qatar’s political stability, its many opportunities for investment and business, and warmly welcomed the companies present to explore those opportunities soon.
“The strong, friendly and economic partnership between Qatar and the United States has achieved remarkable economic growth and increased trade volume. The total trade volume between our two countries reached $4.5bn in 2015,” said Sheikh Ahmed. “Qatar’s business environment is continually being advanced to encourage more foreign direct investment and welcome an ever-growing number of international business partners.” More info
By Reuters zawya.com