Seminar projects Indo-investment opportunities in Qatar
Doha Bank Director Sheikh Abdul Rahman bin Mohamed bin Jabor Al-Thani said the private sector, Qatar and India should wash their hands and projects in both countries, exploiting the strengths of another.
Addressing a meeting of the industry at a seminar organized by the Bank of Doha on the transformation and Indo-GCC GCC investment opportunities with an emphasis in Kerala “in the Convention Centre Le Meridien said here Yesterday, Sheikh Abdul Rahman Qatar and India are an ideal form of the abundance of liquidity, equipment and staff talent.
“Qatar has excess liquidity. We have a huge surplus investierbar. India has strong natural resources other than oil and a talented workforce. We can jointly on projects and decent benefits.
“We are ready to invest in India and Indian investors are interested in viable projects, we can in our country to them,” said Sheikh Abdul Rahman, also chairman of the Qatar Industrial Manufacturing Company (QIMC), a holding company for many units Qatar.
Later, in an interview with Gulf Times, “said Sheikh Abdul Rahman Rwanda would be interested by investors in some sectors booming in Kerala, such as tourism and health.
“In the presentation today that I have never seen a quantity of Kerala has the untapped potential in tourism. The creation of more opportunities existing or development of clubs, tourists flock in Kerala. J ‘ I also recognized that health care organizations, welfare every two Programme and disease, particularly in the private sector, Kerala, are unparalleled.
“If medical institutions world-class in Kerala, there is a quarter of expenditure in the west, we can not why? Kerala has tremendous opportunities to improve what is called medical tourism”, at he said.
Sheikh Abdul Rahman welcomed the Kerala and investors, said: “We can be projects ahead of them. If you are interested, they are investing in Qatar. We are also interested in investment in India, Kerala in particular. Doha Bank is ready to act as the link.
He praised the contributions of Indians in the development and Qatar, said: “We have a lot of Keralites Indians live in our country. Our relationship dates back several decades. We have an interest in Kerala.
The question of whether a joint commission, the investment promotion agency of the private sector in both countries, Sheikh Abdul Rahman said: “I do not believe that, when setting up joint working groups. They take a long time. Let us meet and set the ball rolling resistance. That is the way forward. ”
Sheikh Abdul Rahman also spoke of Qatar and India discussed bilateral trade and India was a huge market for Qatar oil and petrochemicals. Given the request of India recently, bilateral trade was very natural.
In his opening remarks Doha Bank R Seetharaman Deputy CEO said although the combination of gross domestic product of the GCC bloc was about $ 476bn, only $ 16bn accounted for bilateral trade between the Gulf States and India.
“This is very low. Qatar itself has over $ 40bn investierbare surplus. Opportunities and the rights of good network saw a quantity of golf investment flows, including Kerala in India,” he said.
Seetharaman, said the proposal of investment certificates, which has been the subject of a clearance of regulatory authorities, it would be a good opportunity to penetrate NRKs to invest and yields.
“We intend to provide a minimum set of-30% of funds in worthwhile projects in Kerala. We hope that removing some viable projects in Kerala, in collaboration with the Kerala State Industrial Development Corporation (KSIDC) . These days, tourism and information technology sectors offer promising opportunities in Kerala, “he said.
Both Qatar and India, he said, insofar as a number of incentives for entrepreneurs to their countries attractive investment destinations. Whole World, Cross-Border bi-directional investments have in common.
“Industrial sectors are established, taking into account global parameters, such as raw materials, human resources, infrastructure, market accessibility and size. This creates ample opportunities for entrepreneurs of Kerala to the creation companies in Qatar and vice versa, “said Seetharaman.
In his briefing, Rwanda prominent businessman and president of the Doha-based Al-Sulaiman group, Nasser Suleiman Haider, said Rwanda and Gulf investors would certainly be interested in projects in Kerala, there is the context of tourism.
“They are an excellent combination of beaches, Backwaters, Midlands and the hills stations. Compounding the fact that all these seizures may be at a distance of 60 kilometers, “he said.
Haider for his first visit to Kerala, said: “I only read in Kerala’s tourism potential. But I saw a little in recent days. Kerala The mark could easily be sold in the Gulf region. Your three international airports have been good with the GCC countries. “