Turkish firms seeking transfer of cutting-edge technology to Qatar

Members of a delegation composed of Turkish companies have expressed “keen interest” on transferring cutting-edge technology to Qatar by establishing companies and factories here in collaboration with Qatari businessmen.The delegation, comprising 10 Turkish businessmen, met with Qatar Chamber officials during a meeting held in Doha yesterday. The officials discussed ways to enhance trade co-operation and exchange, as well as joint ventures between private sector players of both countries.Qatar Chamber board member Rashid bin Hamad al-Athba said the Qatari private sector welcomes the promotion of co-operation ties with Turkish businessmen. “Qatar market is replete with investment opportunities, which attract Turkish investors and businessmen. This affirms that Qatari business owners have a real desire to establish trade alliances and partnerships with their Turkish counterparts. New business partnerships will be concluded soon between Qatari and Turkish firms,” al-Athba noted.According to al-Athba, the memorandum of understanding signed by Qatar Chamber and the Union of Chambers and Commodity Exchanges of Turkey (TOBB) last year “paved the way for more co-operation between the two parties.”According to Qatar Chamber, there are around 186 Turkish-Qatari firms operating in Qatar with 19 firms having 100% Turkish capital.Zakaria Aslan, who headed the delegation, said the visit aims to enhance co-operation relations between Qatari and Turkish businessmen. He assured that Turkish companies “are interested in establishing joint ventures with Qatari companies in all economic sectors.”