Minister of Commerce and Industry H E Sheikh Mohammed bin Hamad bin Qassim Al Abdullah Al Thani.
Doha, Qatar: Minister of Commerce and Industry H E Sheikh Mohammed bin Hamad bin Qassim Al Abdullah Al Thani described the visit of HH the Amir Sheikh Tamim bin Hamad Al Thani to the Republic of Tajikistan as a vital step in the development of relations between the two countries at all levels and in all areas.
In an interview with Qatar News Agency (QNA), H E said the visit is an important occasion to discuss ways to benefit from economic elements and potentials shared by the two sides, as well as inform Qatari and Tajik business communities of the available investment incentives and opportunities to develop joint projects in priority sectors that serve development agendas of the two sides.
He added that the visit of H H the Amir to the Republic of Tajikistan comes as a culmination of a new era of bilateral cooperation between the two countries, especially in trade and investment areas.
H E pointed out that the State of Qatar aspires to consolidate communication bridges between Qatari and Tajik business sectors, promote investments of Tajik companies in the State of Qatar, as well as enabling them to take advantage of promising investment opportunities offered by the Qatari economy, particularly in priority sectors in alignment with economic diversification policy since the industrial sector is one of the most important strategic pillars for this trend, because of its role in bolstering self-sufficiency of the State of Qatar.
The State of Qatar offers numerous incentives to investors in the industrial sector, including smart packaging to establish industrial facilities in the country via the Single Window platform, His Excellency added, emphasising that the Industrial Consulting Service has been opened which offers investors in this field an opportunity to inquire about products intended to be manufactured prior to initiating feasibility studies.
H E highlighted the Industrial Services Platform that has been launched on the website of the Ministry of Commerce and Industry (MoCI) which offers a wide range of electronic services in various phases of industrial projects, along with multiple investment incentives provided by the State of Qatar to investors from all over the world, particularly Tajik companies.
He pointed out that such incentives and investment facilitations are part and parcel of successful economic policies pursued by the State of Qatar that have profoundly consolidated investors’ confidence in Qatari economy.
H E also remarked that Qatar is one of the most important countries that stimulate investment in the region thanks to its balanced policies, political and economic decisions, along with its strategic location positioning it to become a major trading hub for many countries around the world.
The State of Qatar has meticulously initiated a development strategy to achieve economic diversity with the objective of diversifying income resources through pivoting away from oil and gas resources, H E outlined adding that such a strategy is fundamentally moving forward to promote non-hydrocarbon and priority sectors such as education, health, financial services, tourism, manufacturing, transportation, and storage that support trade activities. The State of Qatar has prepared a conducive investment climate with a development and strategic dimension in recognition of investment that offers added value to the community and economy which is an optimal orientation towards achieving economic growth
and prosperity, the Minister said.
H E pointed out that many laws and legislations have been amended to upgrade the performance of various economic and trade sectors in conformity with global investment standards by counting on best international practices to consolidate knowledge economy concepts in a prelude to establishing a new era of building Qatar’s future, attracting and encouraging local and foreign investments.
