Qatar Chamber explores opportunities to enhance trade relations with Kenya
Qatar Chamber first vice-chairman Mohamed bin Towar al-Kuwari and Qatar Chamber board member Mohamed bin Ahmed al-Obaidli receiving Kenya’s Minister of Investment, Trade and Industry Mgala Salim Mvurya in Doha recently.
The delegation was received by the Qatar Chamber first vice-chairman Mohamed bin Towar al-Kuwari, in the presence of Qatar Chamber board member Mohamed bin Ahmed al-Obaidli and Kenyan ambassador Mohamed Noor Aden.
The meeting addressed the commercial and economic relations between Qatar and Kenya, the investment opportunities available on both sides and the encouragement of Qatari investors to explore investments in various sectors in Kenya.
Addressing the meeting, Mvurya lauded the close relations between both countries across various fields, noting that many agreements have been signed in multiple sectors.
Mvurya emphasised Kenya’s interest in attracting Qatari investments, highlighting the many investment opportunities available in sectors, such as infrastructure, ICT, fintech, food, livestock, and renewable energy.
The Minister pointed out that Kenya enjoys a strategic location in Africa, making it a potential hub for several important African markets, as it is a member of various economic blocs in the region.
He elaborated on the Kenyan investment climate, emphasising the incentives and facilities offered by its free trade and economic zones. Mvurya assured his country’s interest in increasing its exports to Qatar by fostering co-operation between the Kenyan and Qatari private sectors.
For his part, al-Kuwari commended the developing relations between Qatar and Kenya, stressing the interest of Qatari investors in exploring the opportunities available in the East African nation.
He also underscored the chamber’s keenness to strengthen co-operation between Qatari companies and their Kenyan counterparts to enhance trade exchange between the two countries.