Tunisian businessmen keen to invest in Qatari market

The visiting members of a Tunisian trade delegation have expressed their keen interest to invest in Qatari, especially to establish industrial projects, to meet the growing needs of the local market.
Qatar Chamber (QC) also expressed its readiness to establish effective cooperation between Qatari and Tunisian businessmen to enhance the mutual economic benefits for the private sector of both countries.
Cooperation between Qatari and Tunisian businessmen is one of the pillars of strong relations between the two countries, QC vice-president Mohamed bin Ahmed bin Tawar Al Kuwari said during a meeting of Qatari businessmen with the visting trade delegation from Tunisia.
Al Kuwari said the volume of trade exchange between Doha and Tunis reached QR146m last year but added that it remains below the desired level. Qatari investments in Tunisia exceeded QR4bn by the end of 2015, including direct investments in five basic projects, which provide more than 120,000 jobs and represent 13 percent of the total foreign direct investment in Tunisia, reports.
These investments ranked first in the Arab nation and the second internationally in the volume of foreign direct investment in Tunisia, Al Kuwari said.
The Qatar Chamber vice president called on the private sector in both countries to establish effective partnerships and to invest in high profitable projects that contribute to advancing these relations, stressing the chamber’s readiness to provide all necessary data and information in this regard.
Many Tunisian businessmen are eager to start investing in industrial projects that meet the needs of the Qatari market, calling for the possibility of signing a cooperation agreement between the association and the chamber, including expanding trade visits between the two sides and exchanging data of interest to the business sector and investors, Sami Gabsi, the vice-president of Tunisian association Namaa and head of the Tunisian delegation, said during the meeting.
He further expressed hope that the meeting will contribute to the establishment of bilateral partnerships facing the current and future economic challenges and the interest of the two brotherly countries.
Representatives of Tunisian companies from the visiting delegation gave a presentation on a number of sectors, including food products, building materials, contracting, electricity, medical materials, furniture, and agriculture, in preparation for entering the Qatari market.