Qatar Chamber held a meeting with Somalia’s Prime Minister, Hamza Abdi Barre, and his accompanying delegation in Doha Wednesday.
Barre and his delegation was welcomed by Qatar Chamber second vice-chairman Rashid bin Hamad al-Athba in the presence of the chamber’s board members, including other members and Qatari businessmen.
According to a Qatar Chamber statement, the meeting focused on reviewing economic and commercial co-operation between both countries, as well as the potential role that the private sector can play in developing mutual investments.
During the meeting, Barre invited Qatari businessmen to invest in Somalia, which, he stressed, “is abundant with investment opportunities across various sectors.”
The Prime Minister also praised the strong relations between Qatar and Somalia, highlighting Qatar’s significance as one of the country’s major trade partners. He underscored the importance of the ongoing vital infrastructure projects initiated by Qatar and other humanitarian initiatives, which “have greatly benefited countless Somali families.”
Barre emphasised Somalia’s keen interest in attracting Qatari investments in sectors like energy, infrastructure, and fintech. He also noted that the Somalian government is fully prepared to offer incentives and facilitate Qatari investors interested in contributing to the country's development.
In his remarks, al-Athba commended the strong relations between the two countries, highlighting the eagerness of Qatari businessmen to explore the investment climate and opportunities in Somalia. He also noted the success of several Qatari businessmen who have invested in Somalia, expressing optimism about further investments by the Qatari private sector in the country.
Qatar Chamber board member Abdulrahman al-Ansari said Somalia and Africa, in general, present an attractive investment market. He affirmed the Qatari side’s keen interest in understanding the “abundant advantages and opportunities” in Somalia.
Similarly, Qatar Chamber board member Abdulrahman bin Abduljaleel al-Abdulghani emphasised the importance of conducting thorough studies on the available opportunities in Somalia to provide Qatari businessmen with essential insights.
Qatar Chamber board member Shaheen al-Mohannadi stressed the significance of reciprocal visits between businessmen from both countries to enable them to gain a deeper understanding of the investment climates in both nations.
Qatar Chamber second vice-chairman Rashid bin Hamad al-Athba and other chamber officials and members welcome Somalia’s Prime Minister, Hamza Abdi Barre, and his accompanying delegation in Doha Wednesday.