The President of Somalia invites Qatari businessmen to invest in his country

Doha – Mubasher: The President of the Federal Republic of Somalia, Hassan Sheikh Mahmoud, called on Qatari businessmen to look at the available opportunities in his country and exploit them in setting up projects in various sectors.

Hassan Sheikh Mahmoud said, according to a statement by the Qatar Chamber today, Thursday, that his country welcomes Qatari investors in a number of important sectors such as infrastructure, services, mining, meat and fish production, oil and gas, and others, noting that the investment climate is encouraging and there are incentives provided by the state to the foreign investor.

He pointed out that Somalia is distinguished by a distinguished geographical location in Africa, and it has the longest coast on the sea in the continent, and it also enjoys the largest number of livestock in Africa, noting that his country supplies live cattle to a number of countries through its four ports, as Qatar can import from them what You need cattle through these ports.

This came during the reception of the Somali President at his residence in Doha, a Qatar Chamber delegation headed by Khalifa bin Jassim Al Thani, Chairman of the Board of Directors, and with the participation of Ali Al-Misnad, Khaled Al-Hajri, Nasser Al-Haidar, Muhammad Al-Mohammed, members of the Board of Directors, and Abdullah Al-Nuaimi, Qatar’s ambassador to Somalia.

During the meeting, they discussed ways to enhance trade and investment cooperation relations between the two countries, and the role of the private sector in both countries in developing these relations and increasing the rates of trade exchange between the two countries.

For his part, Khalifa bin Jassim Al Thani, Chairman of the Qatar Chamber, said that the Qatari private sector is keen to strengthen cooperation relations with its Somali counterpart, pointing out that many Qatari companies have a great desire to invest in Somalia.

He pointed out that the Qatar Chamber is keen to encourage Qatari businessmen to invest in countries that provide attractive investment opportunities, such as Somalia.

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