Qatar Chamber discusses commercial cooperation with Mozambican private sector – The Peninsula Qatar

Qatar Chamber discusses commercial cooperation with Mozambican private sector – The Peninsula Qatar

Doha: Qatar Chamber First Vice-Chairman Mohamed bin Towar Al Kuwari yesterday met with the Minister of Industry and Commerce of Mozambique H E Carlos Mesquita at the Chamber’s headquarters.

The meeting reviewed ways to enhance economic and commercial cooperation between the two countries and investment opportunities available in Mozambique.

During the meeting, the Mozambican Minister presented the investment climate in his country and opportunities available in many areas such as services, tourism, energy, transportation, industry, infrastructure food processing and agriculture.

Mesquita also touched on the legislative framework for investment and business opportunities in Mozambique including taxation system, incentives, and exemption. He said that Mozambique is safe and secure for investment and offers a lot of incentives that attract foreign investments, noting that there is a slew of laws that are related to investment and are being revised to further improve the country’s investment climate.

The Minister called on Qatari investors and businessmen to visit his country to get acquainted with the opportunities available there, pointing out that Mozambique enjoys a distinguished position and offers an access to many preferential markets.

Al Kuwari went on to reiterate that the Qatari private sector is keen to learn more about the investment opportunities available in Mozambique, stressing that