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Qatar, Pakistan explore opportunities in various fields



Private sector leader Qatar Chamber has called on the Pakistani business community and their Qatari counterparts to explore the “host of cooperation opportunities” in the real estate, industry, infrastructure, hospitality, renewable energy, and communications sectors.
Speaking at a meeting with Pakistan’s Minister for Commerce and Trade Khurram Dastagir Khan, Qatar Chamber vice-chairman Mohamed bin Towar al-Kuwari said he is certain that Qatar and Pakistan “are very much interested in further developing relations to higher levels of constructive cooperation at all fields.”
He said trade volume between the two countries reached stood at QR2.82bn last year, “and is expected to grow in the coming years.”
“I’d like to stress on the historic LNG deal signed between Qatar and Pakistan last year, which is estimated at $16bn, in which Pakistan will keep importing gas from Qatar until 2032,” he said.
He also underscored the “growing cooperation” between private sector players and businessmen in the fields of energy education, health, tourism, culture, and arts. Al-Kuwari also said a large Pakistani community is active in many sectors, including projects related to Qatar’s hosting of the FIFA World Cup in 2022.
“There are also many Pakistani companies and businessmen who are investing in Qatar, taking advantage of the pro-investment environment and the incentives offered by the government to attract more foreign investors to the country,” al-Kuwari emphasised.
He added: “On behalf of Qatar Chamber, let me take this opportunity to invite both countries’ businessmen to build real partnerships and explore new areas of cooperation for the benefits of both economies.
Source: Gulf News