President of Poland Andrzej Duda attended the inauguration of the Poland –Qatar Economic Roundtable featuring the participation of Minister of Commerce and Industry HE Sheikh Mohammed bin Hamad bin Qassim Al Thani.
Organised by Qatar Chamber in cooperation with the Embassy of Poland in Doha, the roundtable also featured the participation of Qatar Chamber Second Vice-Chairman Rashid bin Hamad Al Athaba, Qatar Airways Group Chief Executive and Qatar Tourism Chairman Akbar Al Baker, Investment Promotion Agency of Qatar (IPA Qatar) Chief Executive Officer Sheikh Ali Alwaleed Al Thani, a number of Qatar Chamber board members, senior business people, investors, heads and representatives of major Qatari and Polish companies specialised in various fields.
The roundtable proceedings included a discussion session and presentations on the business environment in Qatar and Poland. The talks also featured the investment opportunities available to companies and business people, in addition to shining a spotlight on a number of investment sectors available in both countries.
The roundtable seeks to enhance trade, investment and industrial cooperation between the two nations. It also aims at opening horizons for communication between representatives of the Qatari and Polish private sectors to establish investment projects that serve both countries’ interests.
Speaking at the Qatar-Poland Economic Roundtable, Duda called on Qatari businessmen to invest in his country and learn more about Poland investment climate.
He underscored the key role played by the Qatari-Polish Business Council which was formed last year in promoting relations between both parties. HE said that Qatar and Poland are among the world’s most dynamic countries, noting that they enjoy strategic relations and that Poland imports 2.1 million tonnes of LNG from Qatar, reflecting that Qatar is a strategic partner to Poland.
Duda pointed out that Poland is rife with investment opportunities in various sectors such as aviation, IT, communication, agriculture and food.
He expressed his hope to see more Polish participation in the infrastructure projects which are being implemented in Qatar to achieve the QNV 2030, stressing the preparedness of his country to exchange its experience with Qatar in organising FIFA World Cup Qatar 2022.
For his part, Al Athba highlighted the close relations between Qatar and Poland in all fields, stressing that both countries are keen on developing these relations to broader vistas.
Referring to the visit of His Highness the Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani to Poland in 2017 that ended with fruitful conclusions, he noted that the Qatari-Polish Business forum held on the sidelines of the visit contributed to further activating both countries’ economic and commercial relations and opened wider fields for cooperation in the private sector.
Al Athba said that the two countries’ trade volume tripled within the past five years from QR650 million in 2015 to QR2.65 billion last year, while it reached QR 2.8 billion until the end of the third quarter of the current year.
As for mutual investments, he pointed out that there are many Polish companies operating in Qatar in partnerships with Qatari partners in various sectors such as contracting, designing, technical services, health, and consultation.
He indicated that there are many Qatari investments in Poland in various sectors such as hospitality and industry, stressing that Poland is an attractive destination for Qatari investments.
He underscored the chamber’s eagerness to strengthen cooperation ties between the Qatari business community and its Polish counterpart, inviting companies from both countries to enhance cooperation, establish joint ventures and cooperate in projects that benefit both friendly countries’ economies.
He pointed out that Qatar offers an appropriate environment for businesses, stressing that it offers world-class infrastructure, attractive economic legislations, and stimulus incentives for foreign investments in the presence of many free, logistic, and industrial zones which provide promising opportunities for investors.
On this occasion, the IPA Qatar CEO delivered a presentation about the investment climate in Qatar and the potentials for Polish investors to invest in Qatar.
From the Polish side, Polish Oil and Gas Company CEO Pawel Majewski gave a presentation entitled ‘Energy security and the future of the regional gas market’, while Bank Gospodarstwa Krajowego CEO Beata Daszynska-Muzyczka delivered a presentation entitled ‘Poland and its Region -Opportunities for Qatari Investors within the Three Seas Initiative’.
On the sidelines of the meeting, three agreements were signed between Qatari and Polish companies to boost their cooperation in many sectors.
Qatar National Convention Center and Polish Trade and Exhibition Center, Qatar-based Technical Services Group and Polish ZPUE Wloszcowa and Qatar-based Edraq and Poland-based AIDA Diagnostics signed the three agreements.