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QFC engages with French businesses at Qatar-France investment forum

QFC engages with French businesses at Qatar-France investment forum

Tribune News Network
Doha
The Qatar Financial Centre (QFC) has participated in the Qatar-France Business and Investment Forum in Doha.
The forum focused on mechanisms for investing in the French economy by highlighting selected investment projects in France, QFC said in a statement on Wednesday.
The event was jointly organised by the Qatari Businessmen Association (QBA), Business France, the national trade and investment agency of France, the French Embassy in Qatar and MEDEF International, the French Business Confederation.
Sheikha Alanoud bint Hamad al Thani, managing director, business development at QFC, said, “As part of our mandate to attract foreign direct investment to Qatar, the QFC has always looked to further strengthen relations with our French partners. I am confident that the Forum has provided an invaluable platform for fostering even more extensive
partnerships.”
She added, “Our commitment to continually enhancing our relations with the French market is also evident through the roadshow we successfully hosted earlier this year in Paris, during which, we met with more than 100 French companies who expressed great interest in expanding to Qatar through the QFC’s platform and we will continue to work closely to develop these connections.”
Prior to the event, the QFC hosted a delegation of French and Qatari businesses to explore potential bilateral investment opportunities and the unique advantages that the QFC platform offers to companies looking to expand to Qatar and the region.
Ambassador of France to Qatar HE Franck Gellet said, “We are delighted to welcome a delegation of more than 50 French corporations in Doha on the occasion of the Qatar-France Business and Investment Forum – a precedent in Qatar.
“French investments in Qatar have been on the rise, reflecting the dynamism and the level of commitment of French companies operating in Qatar, some of them for decades.
“Around 200 French companies are working alongside public and private stakeholders such as the QFC on key projects in oil and gas, electricity and water, transport, urban development and other fields, assisting Qatar in achieving its goals, enshrined in the Qatar Vision 2030.”
Qatari investments in France reached $29 billion in 2016.

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