QC explores economic & commercial cooperation with Cambodia

By Shilpa Annie Joseph, Official Reporter
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QC economic cooperation with Cambodia
Officials during the meeting.

Qatar Chamber (QC) and government employees from Cambodia have discussed ways to enhance economic and commercial cooperation between both countries and reviewed investment opportunities in Cambodia in various sectors.

QC First Vice-Chairman Mohamed bin Ahmed bin Twar Al Kuwari met with the special envoy of the Royal Government of Cambodia HE Dr. Othsman Hassan and his accompanying delegation.

Speaking at the meeting, Twar Al Kuwari said that Qatar and Cambodia are bound by good relations, stressing the significance of enhancing Qatari investment in promising sectors that attract Qatari investors.

The QC First Vice-Chairman assured that the chamber encourages investors to invest in Cambodia, stating that the Qatari market welcomes Cambodian products of high quality and appropriate prices, indicating that the Chamber would promote opportunities available in Cambodia among the Qatari business community to stimulate investments there.

Twar Al Kuwari further asserted the importance of organizing a business visit for Qatari business owners to Cambodia to explore the abundant opportunities in agriculture, tourism, infrastructure, food processing, and other sectors.

Dr. Othsman Hassan noted that the visit aims to promote Cambodia’s economy and investment opportunities to Qatari investors, emphasizing significant interest in fostering cooperative relations with Qatar. He noted that his country had developed legislation and laws to improve the investment climate for foreign investors, highlighting numerous opportunities across various sectors.

Dr. Hassan reviewed Cambodia’s rice production, which exceeds 7 million tons yearly, and cashew production, which exceeds one million tons, noting significant developments in the halal industry. Further, he assured that Cambodia is eager to attract Qatari investments, urging Qatari investors to invest in his country and benefit from its attractive investment environment.

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