Ivory Coast Investment Opportunities Lure Qatari Businessmen

Published September 19th, 2018 - 08:34 GMT
Qatari businessmen are keen to explore investment opportunities available in Ivory Coast in the fields of agriculture, mining, tourism and real estate. (Shutterstock)
Qatari businessmen are keen to explore investment opportunities available in Ivory Coast in the fields of agriculture, mining, tourism and real estate. (Shutterstock)

Qatari businessmen are keen to explore investment opportunities available in Ivory Coast in the fields of agriculture, mining, tourism and real estate, Qatar Chamber (QC) first Vice-Chairman Mohammed bin Ahmed bin Tawar al Kuwari has said.

Kuwari was speaking at a business meeting with Ivory Coast's Secretary of State in charge of Private Investment Essis Esmel Emmanuel and Chairman of Ivory Coast Chambers of Commerce and Industry Faman Tourih in Doha on Monday.

The meeting focused on addressing ways of enhancing economic and trade relations between Qatar and Ivory Coast and possibility of establishing business alliances and partnerships between Qatari and Ivorian businessmen.

Addressing the attendees, Kuwari said that both countries enjoy strong ties and share joint desire to deepen their relations especially in economic and trade aspects.

Hailing the ongoing visit of the President of Ivory Coast Alassane Ouattara to Qatar, Kuwari said,"This visit will push forward both countries' distinguished relations," He stressed Qatar Chamber's keenness to bolster cooperation with Ivorian Federation of Chambers, noting that it will help deepen relations between both countries' businessmen.

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Qatar Chamber is prepared to provide assistance and information to Ivorian businessmen who are willing to explore investment opportunities available in Qatar, he added.

On his part, Emmanuel said that Qatar and Ivory Coast enjoy distinct relations. He expressed hope that the economic and trade cooperation would grow to higher levels.

He said Ivorian economy is open and offers investment incentives for foreign investors such as free remittance, VAT exemption as well as custom and taxes incentives for investors extended to 15 years.

Emmanuel noted that Ivory Coast saw significant economic reforms, affirming that it was on the front of African countries that witnessed rapid economic development.

Just one day is needed to establish any business in Ivory Coast, he added.


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