For his part, businessman Hashem Al Awadi, called on the Qatari private sector to build on in the visit of HE the Turkish President in order to increase the private sector’s gains, and to use them well to improve trade ties and strengthen economic and investment relations, including benefiting from Turkish expertise in local industries to develop their competitiveness.
The analyst and financial expert, Walid Al Fuqaha expected an upward growth in bilateral investments, in light of the diversity of agreements and understandings between the private sectors of the two countries, especially in the fields of infrastructure, industry, tourism, and real estate. The visit will reflect positively on those sectors, and will enhance opportunities for investment cooperation between the region’s main players. He added that the Qatari-Turkish relationship is close and growing, as well as investment and economic cooperation. He attributed that to several factors, like the fact that the Qatari and Turkish economies are strong in the Middle East, the two sides have prospects for cooperation in many fields, especially the energy and industry sectors, in addition to the exchange of experiences. And benefit from experiences to advance the real estate and tourism sectors.
As for Professor of Accounting at Qatar University Dr. Rajab Abdullah Al Ismail, he stressed that the Qatari-Turkish economic cooperation is set to grow, especially since the bilateral relations are historical and well-established, not emergency, and are of strategic dimensions, and the State of Qatar is always looking forward to strengthening its trade cooperation with the Republic of Turkiye, Because of its vital economic sectors, we hope that the Qatari private sector will benefit from it and dedicate it to setting up new national projects that support the local investment environment and enhance its competitiveness, as an attractive area for the flow of direct and indirect foreign investments, especially as our country is on the verge of major energy projects that will enhance its exports to the world. He noted that the Qatari private sector should focus well on this point, and seek to build new alliances with the Turkish side, in support of the desired economic integration in the two countries.
Meanwhile economist, Fawaz Al Hajri, touched on the trade relations and joint projects that link the two countries, which have enhanced the volume of trade exchange between the two countries.
He pointed to the strong presence of the Qatari business sector in the Turkish market, where its investments are estimated at $10 billion, and there are Qatari companies operating effectively and regularly in Turkiye, some with full Qatari capital, and others with mixed capital, and in varying proportions, covering several vital sectors, most notably the financial sector, banks, health, and tourism, in addition to real estate, in which Qataris have invested huge sums, and the recent period has witnessed a shift towards ports and the technology sector.
For his part, vice-president of the Independent Industrialists and Businessmen’s Association (MUSIAD) Ghazi Masrli told QNA that economic and trade relations between Turkiye and Qatar have witnessed great development over the past few years, and Turkiye has become one of the most attractive countries for Qatari capital in many sectors. He added that Qatari investments in the country have expanded to many sectors whether trade, tourism, or agriculture. He stressed that the visit of President Erdogan to Qatar comes at a time when the Turkish-Qatari relations are going through their best times at the various political, economic and diplomatic levels, amid the great rapprochement that the two countries have recorded since the past decade. He added that the strategic relationship between the two countries contributed to balance in the region, and this was evident in the Gulf region during the past years. He noted that both sides have large agreements and investments, highlighting that their joint supreme committee that was established in December 2014, holds high-level meeting every year, and is one of the clearest indication of the strength of bilateral relations.
Head of the Arab and Turkish Businessmen Association Arab and Turkish Businessmen Association (ARTIAD) Jamal El Din Karim said that there was an integration between Turkiye and Qatar in the economic and investment fields. He also told QNA that there are large investment opportunities in Turkiye with many incentives. He highlighted the possibility of establishing large factories that can find markets to its products. He noted that the special bilateral ties expanded for decades between the two peoples, highlighting the strong ties between the two countries in the political, economic, investment, military, and security fields.
In 2017, Turkiye opened a commercial office in Doha with the aim of encouraging the Qatari business world to invest in it, coinciding with the escalating development in relations between the two countries.
Source: Qatar News Agency