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Minister of Commerce and Industry Inaugurates ‘Made in Qatar’ Expo in Muscat

3/12/2018

Muscat, December 03 – Under the patronage of HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al-Thani, HE the Minister of Commerce and Industry Ali bin Ahmed Al Kuwari and the President of General Authority for Investment Promotion and Export Development in Oman Yahia bin Saeed Al Jabri inaugurated the ‘Made in Qatar’ exhibition and the accompanying Qatari-Omani Business Forum in Oman.

Launched at Oman Convention and Exhibition Center in Muscat, the opening of the exhibition was attended by HE Qatar Ambassador to Oman Ali bin Fahad Falah Al Hajri, First Vice-Chairman of Qatar Chamber Mohammed bin Ahmed bin Towar Al Kuwari, Chairman of Oman Chamber of Commerce and Industry Qais bin Mohammed Al Yousuf and a number of Qatari and Omanis businessmen.

Following the opening of the exhibition, HE the Minister of Commerce and Industry and the Chairman and Chief Executive Officer of the Sultanate of Oman Public Authority for Investment Promotion and Export Development toured the exhibition, where they were briefed on the participating Qatari companies various exhibited industries.

HE Minister of Commerce and Industry Ali bin Ahmed Al Kuwari stressed that the exhibition, which is being organized for the second time outside Qatar and hosted by the Sultanate of Oman, embodies the keenness of the two countries to strengthen bilateral cooperation to establish investment and trade projects that serve the development orientations of the two sides.

He praised the interest of Qatari national companies in participating in the exhibition that underlined the importance of this event in supporting national industries and promoting the national product in the domestic and foreign markets.

In a press statement on the sidelines of the opening, His Excellency termed the relationship between the State of Qatar and the Sultanate of Oman as very excellent, pointing to an ambition to develop it at the commercial and industrial level to achieve economic integration, especially in light of the growth in trade between the two countries which reached QR4.1 billion at the end of 2017, expecting that this be further increased in 2018.

He the Minister of Commerce and Industry said that the products offered at the expo are important industries for domestic production and export abroad, pointing out that the new investment law, which allows 100% ownership by non-Qataris, will benefit Omani companies wishing to enter the Qatari market.

Meanwhile, the first Vice-Chairman of Qatar Chamber Mohammed bin Ahmed bin Towar Al Kuwari said that the organization of the “Made in Qatar” expo and the accompanying Omani-Qatari business forum, presents a golden opportunity for Omani and Qatari businessmen to meet to discuss the great investment opportunities between the two sides, noting that the Sultanate of Oman has many investment facilities and incentives, including the promotion of commercial ports such as Sohar port, Salalah port and Duqom port, as well as integrated industrial and service zones.

Al Kuwari said the exhibition’s slogan is industry a strategic choice, and it is timely to encourage many Qatari and Omani businessmen and manufacturers to enter into partnerships and bilateral agreements, as the two sides agreed to hold several forums in the coming period to achieve greater harmony and convergence between the Omani and Qatari business communities.

Al Kuwari concluded that Qatar Chamber supports the partnership between the Omani and Qatari sides, and encourages Omani businessmen to invest in Qatar by offering promising investment opportunities in Qatar and the proper guidance.

In his turn, Dr Salim Al Junaibi, Deputy Chairman of Oman Chamber of Commerce for Economic Affairs and Branches, in press statements, praised the exhibition and the participating companies, which offer diversified industries of all the various sectors of the economy, pointing out that the accompanying forum witnessed a large presence of Omani businesses who have shown a strong desire to strengthen cooperative relations with their Qatari counterparts.

QC’s board member Rashid bin Nasser Al Kaabi praised Omani businessmen for attending the opening of “Made in Qatar” expo and the accompanying forum, pointing out that this Omani interest indicates a common desire of businessmen from both countries to strengthen cooperation relations.

Al Kaabi also praised the executive committee of the Made in Qatar exhibition for the great efforts exerted in organizing the exhibition which was opened today, pointing out that the exhibition was praised by Omani businessmen for its various industries.

He stressed that the exhibition aims at developing cooperation between Qatari companies and their Omani counterparts, exchanging experiences with Omani companies in the industrial sectors, introducing the Omani society to the Qatari product and opening up new foreign markets to the Qatari companies in its large and small industries.

In cooperation with the Ministry of Commerce and Industry, Qatar Chamber is organizing the “Made in Qatar” exhibition, in coordination with the Oman Chamber of Commerce and Industry and in partnership with the Qatar Development Bank. About 240 Qatari industrial companies are participating, in the event which will be concluded on December 6, 2018.

Made in Qatar exhibition has five industrial sectors covering the various factories and companies operating in Qatar, with 71 companies representing various industries, 21 companies in the furniture industry, 19 in the petrochemical industry, 59 in the small and medium industries sector, in addition to 44 companies in the food and beverage industries, and to the handicraft pavilion.

Qatar Chamber of Commerce and Industry has been organizing the Made in Qatar Exhibition since 2009, where it has held 6 editions, including five local and one external. The Chamber emphasizes its keenness to organize this national industrial exhibition on a regular basis. Based on the national vision of the State of Qatar 2030, and inspired by the insightful vision of our leadership, which has given great importance to the industry, the exhibition aims to promote the Qatari industry and support the State’s efforts towards industrial development.

The aim of the exhibition is to promote industry and Qatari products locally and internationally, encourage the use of Qatari products and reduce dependence on imports, support the State’s efforts to support the industry, encourage investors and entrepreneurs to invest in industrial projects, as well as supporting the State’s objectives on public-private partnership, opening up new foreign markets to Qatari companies and pushing the industry, especially in small and medium-sized industries.

The exhibition is an opportunity to discuss the most important investment opportunities available in this sector and the most important challenges and obstacles facing the development of the industry. It is also a global window through which Qatari industries are looking towards the world and a standard that measures the progress achieved by the Qatari industry annually.

This post is also available in: العربية

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