Tribune News Network
Doha
Qatar Chamber recently participated in the 28th Arab African Investment and International Cooperation Conference and Exhibition, which kicked off in Cairo on Sunday, October 19, under the theme “Economic Integration – Investment and Opportunities – International Partnerships.”
The Chamber was represented by Mohamed bin Ahmed Al-Obaidli, Board Member of Qatar Chamber, at the event, which was held under the auspices of the League of Arab States.
The conference brought together a distinguished group of economic leaders, experts, decision-makers, and investors from across the Arab world, Africa, and beyond, united under the umbrella of cooperation and integration towards a more prosperous and sustainable future.
The conference serves as a valuable platform to promote joint investments and establish strategic partnerships that advance the interests of participating countries, international organizations, and major investors, in support of global economic development and the optimal utilization of available resources and capabilities.
In statements, Mohamed Al-Obaidli said that the conference comes at a crucial stage during which the Arab and African regions are witnessing significant economic momentum.
He emphasised the need to strengthen joint action and intensify efforts to build genuine partnerships between public and private sector institutions, as well as to enhance cooperation at the level of the private sector.
Such efforts, he noted, contribute to addressing challenges, achieving sustainable development and economic integration between the Arab and African regions, and creating promising investment opportunities for their peoples.
He noted that industry and investment are the real drivers of modern economies, and two basic pillars of growth and sustainable development, and even a strategic necessity imposed by the challenges of the global economy, pointing out that integration between industry and investment is a pivotal goal sought by countries wishing to diversify their economies, create job opportunities, and achieve comprehensive development.
He stressed that Qatar pays great attention to both industry and investment, within the framework of its National Vision 2030, which aims to build a diversified and sustainable economy.
He pointed out that the State has established advanced industrial and free zones, developed world-class infrastructure to attract investors, and adopted several measures to stimulate both local and foreign investments.
Underscoring the private sector’s vital role, Al-Obaidli said that it plays a pivotal part in supporting the economic development process, particularly in the fields of industry and investment.
He also stressed the Chamber’s efforts to encourage business owners and investors to engage in industrial projects, facilitate partnerships between Qatari businessmen and their counterparts in various countries, and support initiatives aimed at enhancing the business environment and attracting investments.
