Deputy Chairman of the Turkmenistan Cabinet of Ministers Batyr Atdayev urged Qatari businessmen to invest in Turkmenistan and to make use of the various opportunities and facilities provided by the Turkmen government to foreign investors.
In an economic forum held at Qatar Chamber (QC) for a Turkmen delegation of officials and businessmen, Atdayev said that his country has inaugurated multiple free zones and facilities for the foreign investors. There are a number of equal investment opportunities for Qataris on the private and public sector, he added.
He highlighted that the textile industry is one of the most important sectors in the country, where 70 factories produce environmentally friendly cotton that is then exported as fabric to almost 30 countries around the world.
He pointed to many other trade and investment opportunities in the agriculture, health, tourism, construction, and other sectors that his country is looking forward to develop in the near future. Qatar Chamber vice-chairman Mohammed bin Ahmed bin Towar (pictrued) said the chamber is interested in further exploring and developing business in Turkmenistan in different fields and sectors. QC encourages the private sector and national businessmen to direct their investments towards Turkmenistan due to its promising opportunities in different fields, he added.
Vice Chairman of QC said the Qatari businessmen were willing to look into investment opportunities available in Turkmenistan due to its wealthy natural resources, hoping that similar forums would lead to joint investment agreements and memoranda of understanding especially in the fields of tourism, sports, real estate, agriculture and food.
Qatar Development Bank (QDB) Executive Director of Business Finance Khalid Abdulla Al Mana presented the bank's activities and its role in providing fund to the private sector, pointed out that the bank had launched in 2016 a QR365m fund to support small and medium-sized companies.
