Qatar Chamber’s first vice-chairman Mohamed bin Towar al-Kuwari has indicated that the Qatari private sector is interested to bolster cooperation relations with its counterpart in Mozambique, stressing that Qatari businessmen are looking forward to learning about Mozambique’s investment climate and opportunities galore.
He said this after the president of Mozambique, Filipe Jacinto Nyusi, called on Qatari investors to explore the investment opportunities in the East African country’s services, tourism, mining, ports development, real estate, and infrastructure sectors.
Nyusi made the call during a meeting with Qatar Chamber officials at the Sheraton Hotel yesterday in the presence of Qatar Chamber first vice-chairman Mohamed bin Towar al-Kuwari and board members Abdulrahman al-Ansari, Dr Mohamed bin Jawhar al-Mohamed, and Khalid bin Jabor al-Kuwary.
He said Qatar-Mozambique trade volume stood at about QR71mn in 2021, “which is below the aspirations of the two friendly countries.”
Al-Kuwari assured the enhancement of co-operation between Qatari and Mozambican businessmen and the forging of mutual investments to help promote trade exchange between both countries.
Al-Kuwari also underscored the memorandum of understanding (MoU) that both countries’ chambers signed in 2019, noting that the Qatar Chamber is eager to activate cooperation between Qatari and Mozambican private sectors.
He also reiterated that Qatar Chamber encourages Qatar investors and businessmen to explore investment opportunities in Africa, particularly in Mozambique, for its various investment opportunities in many sectors.