Brazilian technology firms seek to invest in Qatar

Officials of Qatar Chamber and the Arab-Brazilian Chamber of Commerce (ABCC) held a meeting in Doha Sunday to discuss investment opportunities available in Qatar and in Brazil.
Qatar Chamber board member Dr Khalid bin Klefeekh al-Hajri met with Arab-Brazilian Chamber of Commerce (ABCC) director Rafael Solimeo, who is the head of the ABCC International Office, and his accompanying delegation.
The meeting focused on the means to develop the economic co-operation between Qatar and Brazil and the investment opportunities for Qatari and Brazilian companies in the technology and innovation sectors.
It also discussed the potential organisation of a joint business forum to explore the possibility of forging partnerships between the private sectors of both countries.
Speaking at the meeting, al-Hajri said Qatar Chamber encourages Qatari businessmen to invest in Brazil. “Qatar attaches great importance to modern technology in business, especially in the agricultural field,” he said.
Al-Hajri called on members of the visiting delegation to study the investment opportunities in the Qatari market and to benefit from the incentives being offered by Qatar to foreign investors, stressing that the country offers advanced infrastructure and a solid legal framework.
Meanwhile, Solimeo described Qatar as “an important trade partner for Brazil,” saying “there is an opportunity to increase co-operation between the private sectors of both countries in light of the available capabilities.” He noted that Qatar ranks fifth in the Arab world in the volume of trade with Brazil.
Solimeo said the Arab-Brazilian Chamber encourages the establishment of partnerships between the two sides, indicating that the delegation, which represented a number of Brazilian companies specialising in technology, innovation, and solutions, is willing to identify the available investment opportunities and the possibility of establishing partnerships with the Qatari side.