"Made In Qatar" To Offer Mega Investment Opportunities

Doha, December 01 (QNA) - Under the patronage of HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al-Thani, the "Made in Qatar 2018" exhibition will kick off on Monday in the Omani capital, Muscat, with the participation of 240 manufacturing Qatari companies. The Qatar Chamber's first Vice Chairman Mohamed bin Twar said in a statement issued by the Chamber that holding the expo in Oman comes as a result of the fruitful cooperation between Qatar and Oman. He pointed out to the wise leadership's interest in support for the industrial sector, affirming that tireless efforts are being made to eradicate all obstacles facing this sector in order to play its anticipated role in the national economy. He said: "Qatari businessmen recognize that industry becomes a strategic choice, especially the manufacturing industries which have witnessed great development recently. Industry is the backbone of any developed and strong economy. It is a key pillar of the economic development because the industrial sector ensures an added value for the economy and ensure providing the local market of its needs as well as it creates jobs." He stressed the importance of increasing investments in petrochemical industries, noting that Qatar is a leading country in this sector as it owns the primary materials of oil and gas needed for this industry. He called on Qatar and Oman businessmen to review ways of establishing more joint investments in this sector as well as SMEs in food, agriculture and medicine industries. He referred to the incentives offered by Oman to encourage the investment in industry, especially with the provision of new ports and the developed infrastructure, noting that the "Made in Qatar" in Muscat will offer a good opportunity for Qatari and Omani manufacturers to set up alliances and partnerships in this sector. The QC's first Vice Chairman noted that the Qatar-Oman Business Forum which will be held on the sidelines of the expo would offer a range of investment opportunities for both sides, affirming that the forum would focus on means of increasing joint investments and trade between both countries as well as encouraging businessmen to establish projects that serve both economies. The expo will be held from 3-6 December on an area of 10000 sqm at the Oman Conference & Exhibition Center. The aim of the expo is to promote the industry and Qatari products locally and globally, encourage the use of Qatari products and reduce dependence on imports, encourage investors and entrepreneurs to invest in industrial projects, support the state's approach to public-private partnerships, Qatari companies, and pushing the industry especially in small and medium industries. (QNA)