Qatar Chamber, Indonesian delegations discuss enhancing co-operation

The Qatar Chamber (QC) discussed prospects of enhancing co-operation in various investment fields with a visiting Indonesian trade delegation headed by the head of investment division at the Indonesian Ministry of Tourism. During the meeting, which was held at the Qatar Chamber premises yesterday, the two sides discussed a number of subjects related to opportunities for building partnerships between Qatari businessmen and representatives of 28 Indonesian companies specialised in agriculture, transportation, mining, education, foodstuff, furniture, real estate, building materials, technical information and others.

First vice-president of Qatar Chamber, Mohammed bin Ahmed bin Towar, stressed that the private sector in Qatar and the Republic of Indonesia have “excellent” bilateral relations in all areas of co-operation. The volume of trade between them reached $342mn last year, he said.

He added that the two sides seek to promote economic and trade relations to a wider spectrum, in the light of the many cooperation agreements and memoranda of understanding signed by the two countries, including the one signed between the Qatar Chamber and the Indonesian Chamber of Commerce and Industry, aimed at enhancing cooperation between the private sector in both countries and exchanging information and visits between businessmen. Mohammed Towar pointed to many mutual investments between the two sides, including Qatari investments in Indonesia in the telecommunications and banking sector, noting that there are nine Qatari-Indonesian companies operating in the Qatari market and two companies with 100% Indonesian capital operating in the construction, engineer- ing and technology sectors in Doha. He stressed that the State of Qatar is an ideal investment destination thanks to the legislative amendments and incentives offered by the government to attract more investments, calling on Indonesian companies to co-operate with the Qatari counterparts and establish effective trade alliances and partnerships. He also expressed the readiness of the Qatar Chamber to support all the requirements of such co-operation. QC first vice-chairman stressed that Qatar was able to overcome the effects of the siege, imposed on it, thanks to the vision of the wise leadership, and the government actions that contributed to strengthening the investment climate in the country.

He explained that the siege has encouraged Qatari businessmen to invest more in all sectors, especially agriculture and industry, and to open channels of co-operation with all friendly countries, including Indonesia.

During the meeting, which was held at the Qatar Chamber premises yesterday, the two sides discussed a number of subjects related to opportunities for building partnerships between Qatari businessmen and representatives of Indonesian companies.