Doha: HE Minister of Economy of Portugal Pedro Reis has called on Qatari businessmen to invest in his country, affirming that Portugal abounds with a stable and transparent environment that offers attractive incentives to investors.
This came during his meeting with representatives of Qatari Businessmen Association (QBA) during his current visit to the country. His Excellency hoped that these meetings would be a prelude to enhance economic cooperation between Qatar and Portugal for shared benefits of the two sides.
He stated that his country strives to draw further Qatari investments, citing an array of grand projects that have been rolled out for investment in a wide variety of fields, such as renewable energy, technology, infrastructure, construction of new airport and high-speed rail (HSR), in addition to allocating the national airline, alongside grand housing projects.
These projects represent a promising opportunity for fostering partnership between Qatari and Portuguese companies, as the two parties
can capitalize on shared expertise and reinforce cooperation between the two countries, Pedro Reis pointed out.
During the meeting, Chairman of QBA, HE Sheikh Faisal bin Qassim Al-Thani, talked about the effective role private sector plays in advancing the national economy. He pointed out that it has high competitiveness in numerous global markets and operates in a wide range of sectors, such as energy, infrastructure, real estate, technology, as well as financing and significantly contributes to achieving the Qatar National Vision 2030.
In addition, HE Sheikh Faisal bin Qassim Al-Thani underlined the Qatari private sector’s interest in investment opportunities available in Portugal, especially the major projects rolled out by the Portuguese government. He noted that Qatari companies have possible accessibility to these projects and the imperative lies in streamlining entry visas for high-ranking managers to be capable of following up on work progress and projects advancement.
His Excellency underlined tha
t Portugal offers stimulating investment environment characterized by stability and transparency, making it an attractive destination for Qatari investors.
He emphasized that cooperation between private sectors in the two countries can achieve further economic growth and sustainable development, calling for preparing a delegation to visit Portugal so as to promote dialogue and ensure steadfast engagement between Qatari and Portuguese businessmen, in addition to exploring more joint investment opportunities that significantly deepen economic ties between Qatar and Portugal.
Source: Qatar News Agency