Doha: The Qatar Chamber (QC) discussed with a delegation of Jordanian manufacturers ways to promote bilateral cooperation relations, available industrial opportunities, and the partnership between the private sectors of both countries.
This came in a joint meeting, held at QC headquarters on Wednesday, between the Jordanian delegation and Qatari businesspersons in the presence of QC Second Vice-Chairman Rashid bin Hamad Al Athba and QC Board Member and Chairman of the Industry Committee Abdulrahman Al Ansari.
The meeting explored cooperation between companies from both sides in various sectors such as food processing, agriculture and livestock, plastic and rubber industries, timber and furniture, clothing, construction, chemicals, paper and carton, and packaging.
In his remarks, QC Second Vice-Chairman Rashid bin Hamad Al Athba praised the developed Qatari-Jordanian relations in all sectors, especially trade and economy. He noted that Qatar is one of the largest investors in Jordan, indicating that Qatari
investments include various sectors such as real estate, tourism, banking, healthcare, energy, and oil derivatives.
He pointed out that various Jordanian companies are operating in Qatar, whether in full capital or with Qatari partners, in sectors like trading, contracting, construction, interior design, maintenance, events, real estate brokerage, services, education, carpentry, prefabricated kitchens, and others.
Al Athba stressed the significance of enhancing cooperation between the private sector in both countries, noting that it will contribute to developing the bilateral trade exchange, which reached QR 746 million last year compared with QR 660 million in 2020, an increase of 13 percent.
He also emphasized the importance of activating the business council and intensifying mutual visits between business delegations from both sides, calling Jordanian companies to take advantage of the investment climate in Qatar and incentives offered for foreign investors. Al Athba also highlighted that Qatar attached
the industrial sector great importance, pointing out that it offers a host of incentives such as the allocation of lands, the exemption of customs duties on imported machinery, equipment, and raw materials, and the exemption of income tax for a duration up to ten years, as well as the provision of electricity at reasonable prices.
For his part, Chairman of the Jordan and Amman Chambers of Industry Eng. Fathi Al Jaghbir commended the fraternal relations between both countries, praising the development of the Qatar industry sector.
Al Jaghbir underscored the significance of bolstering cooperation between both sides in industry and streamlining procedures of exporting manufactured products between both countries. He proposed holding a joint business forum between businessmen and manufacturers in Amman to explore new horizons of cooperation and investment opportunities available in the industrial sector.
In turn, Abdulrahman Al Ansari emphasized the importance of strengthening cooperation between both parties
in industrial fields, noting that Qatar is characterized by the provision of raw materials in the petrochemical and energy sectors which drove the growth in petrochemical industries. He assured the Qatari side’s preparedness to examine opportunities available in Jordan in the industry sector to establish joint ventures whether in Qatar or Jordan.
The Jordanian delegation gave a presentation about the industry sector in Jordan and the investment incentives provided by the government to attract foreign investments to the sector.
Source: Qatar News Agency