Opaz Chairman receives Qatari Minister of Commerce, Industry

Muscat: Qais bin Mohammed Al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones (Opaz), received at his office on Thursday Sheikh Faisal bin Thani Al Thani, Minister of Commerce and Industry in the State of Qatar and Chairman of the Board of Directors of Qatar Free Zones Authority, within the framework of enhancing economic and investment relations between the two countries.

During the meeting, ways to develop joint cooperation and expand its horizons were discussed, particularly in areas related to special economic zones, free zones, and industrial cities, alongside exploring available investment opportunities and the possibility of building new partnerships that contribute to enhancing economic integration between the two countries.

The two sides touched upon discussing industrial clusters, integration in value chains, the joint investment and opportunities program between the two countries, enhancing service to the Qatari and regional markets, enhancing supply chain resilience, and benefiting from land connectivity, ports, and logistics services, as well as examining and introducing investment opportunities within special economic zones, free zones, and industrial cities.

During the meeting, the investment environment in the zones supervised by the Authority was reviewed, along with the investment opportunities provided across a number of economic, industrial, and logistics sectors, particularly in the manufacturing sector linked to major projects such as silica, the fisheries, food, and cold chain sector, the aluminium, wire, and metallurgical industries cluster in the Special Economic Zone at Duqm, and the mining industrial integration cluster in the Wilayat of Shalim, alongside incentives and facilities provided to investors, infrastructure, and services supporting business growth and investment sustainability.

The two sides affirmed the importance of continued coordination and exchange of expertise, as well as enhancing communication between concerned entities and private sector institutions in both countries, contributing to benefiting from available opportunities and supporting the growth of joint investments during the coming period.

The meeting was attended by a number of senior officials from both sides.