Qatar-Kazakh Business Forum reviews ways to enhance investment opportunities

Qatar Chamber recently participated in the ‘Qatari-Kazakh Business Forum’, which was held in Doha under the theme ‘Partnership and Investment’.The forum was held in the presence of Abzal Abdikarimov, Vice-Minister of National Economy of the Republic of Kazakhstan; Alibek Zhamauof, Vice-Minister of Energy; Sultan bin Rashid al-Khater, Undersecretary of the Ministry of Commerce and Industry; Qatar Chamber first vice-chairman Mohamed bin Towar al-Kuwari; and Arman Lsagaliyev, Kazakhstan’s ambassador to Qatar.During the forum, both sides affirmed the significance of promoting trade and investment co-operation between the two countries. They also discussed the investment climate and opportunities available in Qatar and Kazakhstan, emphasising the need to enhance co-operation and partnerships between Qatari businessmen and their Kazakh counterparts.In his remarks, al-Kuwari emphasised the private sector’s role in revitalising the business sectors in both countries and fostering mutual investments. He noted that these efforts could contribute to the development of trade exchange, which, according to al-Kuwari, "are still below the expectations of the two friendly nations.”Al-Kuwari emphasised that Qatari investors are keen to explore the numerous investment opportunities available in Kazakhstan, which is a unique destination in Central Asia with a wealth of prospects. He also enumerated existing Qatari investments in Kazakhstan in sectors, such as infrastructure, gas, agriculture, and mining.He also stressed that Qatar Chamber is paving the way for Qatari investors to explore available partnerships with business owners in Kazakhstan and called on Kazakh companies to strengthen their co-operation with their Qatari companies and establish partnerships, investments, and joint ventures in Qatar, and take advantage of infrastructure and attractive investment climate.In turn, Zhamauof said that the forum offers a unique opportunity for businessmen from both countries to review horizons of partnership and cooperation in trade and investment, noting that both countries own "tremendous potential” and focus on foreign substantiality and high technology. He stressed the need to boost co-operation between the private sector, calling businessmen from both countries to strengthen co-operation in all fields.