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Tribune News Network
Doha
The Qatar-Indonesia Business Forum, hosted in Doha on Sunday by Qatar Chamber (QC), served as a platform for private sectors in the two countries to explore areas of cooperation and discuss means to enhance bilateral trade.
In their meeting with the Indonesian delegation, QC officials laid particular emphasis on cooperation in the fields of food production, furniture, pharmacy and construction materials. The visiting delegation was headed by Indonesian Chamber of Commerce Vice Chairman Helmy Shebubakar.
The trade exchange between the two countries, which reached QR1.8 billion last year, is driven largely by mutual business understanding that stems from investments, especially in the communications and banking fields, said QC board member Ali bin Abdul Latif al Misnad.
"There are nearly nine Qatari-Indonesian joint companies that work in the field of contracting, engineering and information technologies," he said.
Negotiations are on for Qatari investors to undertake several infrastructure projects on building or developing roads, power plants and ports and investing in mining and communications, Misnad said, adding that there are a number of Qatari investors keen to explore the investment opportunities in Indonesia.
Reaffirming the Qatari mega projects' resilience to the unjust siege imposed on Qatar by the Saudi-led bloc, Misnad said the country remained an attractive destination for foreign investments. The infrastructure projects related to hosting the FIFA World Cup 2022 are progressing as per the schedule, he added.
Talking about the Indonesian industrial sector, which contributes 40 percent to the national GDP, Shebubakar said,"There sector offers several characteristics that are unique to Indonesia, especially furniture manufacture, building materials supply, pharmacy and communication." He called for a unified approach to establish mutual investments opportunities.
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11/12/2017
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