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Thursday, April 28, 2011

INDIAN DELEGATION DISCUSSED INVESTMENT OPPORTUNITIES IN DOHA


Indian delegation discussed investment opportunities in Doha

    An Indian trade delegation currently visiting Doha met with the Qatar Chamber of Commerce and Industry (QCCI) on Monday, it has been announced. During the meeting, they discussed the investment opportunities for Qatari businessmen and their Indian counterparts in various sectors, including oil, engineering services, water treatment, automobiles, iron and steel, mining and tourism, a statement released by Qatar's official news agency said.  QCCI board member Rashid Mohammed Al-Azbaa highlighted Qatar's expansion in the energy sector, where the Qatari economy has become one of the fastest growing in the world. In that context, Mohammed added that the good investment climate enjoyed by Qatar encourages the establishment of effective partnerships between the Qatari private sector and its counterparts in several countries, especially to acquire the technology and expertise required. He also pointed out that the Indian delegation's visit is an opportunity to deepen partnerships between the private sectors in both countries.

       The chairman of the board of directors of South-West International Company, K Kutty, who was the chief of the Indian delegation, said the company he represents has a lot of experience in the small and medium companies sector. He called upon Qatar to take advantage of the Indian expertise to set up investment partnerships and projects that produce joint benefits for both countries. The Deputy Chief of the Indian delegation, Sanjeev Kohli, said that the goal of the visit to Qatar was to strengthen cooperation between the private sector in both the countries in light of the investment opportunities prevailing in India and Qatar. (Ref:
manorama)

Prof. John Kurakar

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