German delegation eyes business opportunities in Qatar’s multiple sectors

The German Near and Middle East Association (NUMOV) is aiming to explore investment opportunities available in different sectors in Qatar, NUMOV’s top executive has said.A business delegation from Germany is slated to arrive in Doha on January 16. The delegation’s meetings with different Qatari companies and other officials will run until January 17, NUMOV CEO Helene Rang told Gulf Times Monday.According to Rang, members of the delegation are keen to explore investment opportunities in the fields of biotechnology, food industry, education, renewable industry, logistics, security, defence, cable technology, and glass fibre, as well as further support for the upcoming FIFA World Cup this year.“We also aim to hold talks about an LNG terminal in Germany and discussions on special information technology (IT) solutions and chemical products, among other topics of interest,” Rang further explained.Rang emphasised that NUMOV is also bringing one businessman whose company is specialising in marketing for events such as the 2022 FIFA World Cup slated in Qatar by the end of the year.She said, “As Germany’s oldest and largest non-government organisation (NGO), we are keen to support bilateral business relations to the whole region. Qatar was always my personal main objective, namely to bring German and Qatari businesses together, and at the same time to involve German high-level technology in future Qatari development.“NUMOV was the very first NGO to bring German business to Doha 25 years ago. And we brought business delegations every year since then to support bilateral business relations.”Given the current health restrictions due to Covid-19, Rang said only a select few of NUMOV’s members will be holding meetings in Doha during the business trip. “As soon as the situation changes, we will again bring a delegation comprising 28 people to Doha,” she said.“But because of the coronavirus pandemic, NUMOV also wants to organise bilateral video meetings for each Qatari business representative who is interested in order to bring all delegation members into business partnerships with Doha.“In fact, German companies are ready to provide any products or services at the request of the Qatari side. Any bilateral video meeting could be organised within a short time. Interested companies in Qatar are encouraged to visit www.numov.de so we could organise bilateral meetings in Doha or via video conference,” she also said.Rang lauded the economic and legal reforms implemented by Qatar to increase foreign direct investment (FDI) inflows to the country. She emphasised that NUMOV has already informed “all companies in Germany about these reforms.”“These steps are very important for investments, as well as for Germany. It is the right way to attract foreign investments to Qatar,” explained Rang, adding that meetings in Doha will be organised for new businesses. “We are sure agreements will follow soon,” she noted.