CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Qatari businessmen keen to invest in Cote d’Ivoire: QC

Published: 18 Sep 2018 - 12:00 am | Last Updated: 03 Nov 2021 - 02:08 pm
Peninsula

The Peninsula

DOHA: Qatari businessmen are keen to explore investment opportunities available in Cote d’Ivoire in the fields of agriculture, mining, tourism and real estate, Qatar Chamber (QC) Vice-Chairman Mohammed bin Ahmed bin Towar Al Kuwari said.

Al Kuwari was speaking at a business meeting with the secretary of State in charge of private investment Essis Esmel Emmanuel, and Chairman of Cote d’Ivoire Chambers of Commerce and Industry Faman Tourih, at Sheraton Doha in the presence of many Ivorian officials .

The meeting focused on addressing ways of enhancing economic and trade relations between Qatar and Cote d’Ivoire and possibility of establishing business alliances and partnerships between Qatari and Ivorian businessmen.

Addressing the attendees, the Al Kuwari said that both countries enjoy strong ties and share joint desire to deepen their relations to higher standards especially in economic and trade aspects.

He referred to H H the Amir’s visit to Cote d’Ivoire last year which placed a road map to develop both countries’ relations at various fields especially in the economic and investment regard.

Hailing the ongoing visit of the President of Cote d’Ivoire Alassane Ouattara to Qatar, he said: “This visit will push forward both countries’ distinguished relations.”

He also stressed Qatar Chamber’s keenness to bolster cooperation with Ivorian federation of chambers, noting that it will help deepen relations between both countries’ businessmen. Qatar Chamber is prepared to provide assistance and information to Ivorian businessmen who are willing to explore investment opportunities available in Qatar, Al Kuwari added.

On his part, the secretary of State in charge of private investment Essis Esmel Emmanuel said that both Qatar and Cote d’Ivoire enjoy distinct relations. He expressed the hope that the economic and trade cooperation could grow to higher levels.

He said Ivorian economy is open and his country offers investment incentives for foreign investors such as free remittance, VAT exemption as well as custom and taxes incentives for investors extended to 15 years. Emmanuel noted that his country saw significant economic reforms, affirming that it is on the front of African countries that witnessed rapid economic development.

Only one day is needed to establish any business in Cote d’Ivoire, he added.

Chairman of Ivorian chambers of commerce said that Cote d’Ivoire is interested to bring Qatari businessmen to invest in his country where there are a plenty of investment opportunities.