Qatar and the State of Victoria have discussed ways to strengthen their commercial, economic, and investment ties.
The talks also focused on enhancing cooperation between the private sectors of both regions, with particular emphasis on key areas such as technology, food security, and renewable energy.
Victoria’s economic leadership discusses investment with QC
Sheikh Khalifa bin Jassim bin Mohamed Al Thani, Chairman of Qatar Chamber, met Danny Pearson, Member of Parliament, Minister for Economic Growth, and Jobs, and Minister for Finance in the Government of Victoria, Australia, and his accompanying delegation, at the Chamber’s headquarters.
The meeting was attended by Mohamed bin Ahmed bin Twar Al Kuwari, First Vice Chairman of the Chamber. The meeting was also attended by the Ambassador of Australia to Qatar, HE Shane Flanagan, and Sheikha Tamader Al Thani, Director of International Relations and Chamber Affairs at Qatar Chamber and Secretary-General of ICC Qatar.
Investment opportunities between Qatar and Australia
Speaking at the meeting, Sheikh Khalifa bin Jassim praised the distinguished relations between the two sides, noting that the volume of trade exchange between Qatar and Australia reached over $798 million (QR 2.9 billion) in 2024, compared to $687 million (QR 2.5 billion) in 2023.
He highlighted that 27 Australian companies are operating in the Qatari market, either with full ownership or through partnerships with Qatari investors.
He affirmed Qatar Chamber’s keenness to encourage Qatari investors to explore promising opportunities in Australia in general, and Victoria in particular, especially in food security, education, tourism, and green energy.
Mohamed bin Ahmed bin Twar Al Kuwari First Vice Chairman Qatar Chamber
“There are vast investment opportunities for cooperation and partnership between the Qatari and Australian private sectors. Australia is a key partner for Qatar, with strong ties between the two nations. Qatari investors are keen to explore opportunities across a range of sectors in Australia.”
Further, Al Kuwari invited Australian investors to invest in Qatar and benefit from its advanced infrastructure and incentives provided for foreign investors.
For his part, Danny Pearson lauded the strong bilateral ties and noted a significant interest in attracting Qatari investments to Victoria, which offers promising opportunities in real estate, food security, and tourism.
He invited Qatari firms to expand their presence in the state, noting its attractive investment climate and substantial economic incentives.