The Presidential Envoy of the Republic of Botswana Dr. Farzam Kamalabadi has met with board members of Qatar Chamber (QC), Mohamed bin Ahmed Al Obaidli and Dr. Mohamed Jawhar Al Mohamed, and Acting General Manager of Qatar Chamber Ali Bu Sherbak Al Mansori.
The meeting discussed economic and trade relations between the State of Qatar and the Republic of Botswana and ways to develop them. It also reviewed the investment climate and opportunities available in both countries, with a special focus on promising sectors in Botswana.
During the meeting, Mohamed Al Obaidli affirmed the Chamber’s keenness to support cooperation between Qatari businesspersons and their counterparts in Botswana, pointing out that Qatari investors are keen to explore investment opportunities in Africa, particularly in Botswana, which is considered a leading investment destination.
He stressed the importance of having flexible legislations that guarantee investment protection and encourage further investments, calling for a joint business meeting between both sides to discuss potential cooperation and opportunities.
Dr. Kamalabadi emphasized that his country is interested in attracting Qatari investments, noting that there are successful Qatari investments in Botswana in the hospitality and banking sectors. Botswana enjoys a safe investment climate, a clear strategic vision, and diverse opportunities in key sectors such as mining, agriculture, and infrastructure, he added, expressing his country’s aspiration to become a hub for business and investment in Africa.
Dr. Al Mohamed noted that Qatar has achieved many significant milestones, most notably hosting the FIFA World Cup 2022, underlining that it has successfully built strong economic partnerships with countries around the globe. He also noted that Qatari investors look forward to benefiting from the investment opportunities in Botswana in a way that benefits both sides.
Qatar Chamber Acting General Manager Ali Al Mansori emphasized the importance of signing cooperation agreements between the chambers of commerce in both countries, which would enhance private sector partnerships and open the way for joint projects that serve the economic aspirations of both sides.
