Asian Firms in Discussion with QFC on Business Opportunities in Qatar
The Qatar Financial Centre, one of the world's leading and fastest growing onshore business and financial centres, successfully concluded its roadshow in Asia which included a visit to Taipei, Taiwan and Tokyo, Japan.
The Taiwan roadshow witnessed the signing of agreements, panel discussions, numerous B2B meetings and networking events with professionals from distinguished Taiwanese corporations. The roadshow also included a seminar entitled 'Business and Investment Opportunities in Qatar through the QFC', where senior QFC officials provided an overview of the multi-billion-dollar investment opportunities available to businesses in Qatar, as well as the unique benefits of setting up a business at the QFC platform.
During the roadshow, a Memorandum of Understanding (MoU) was signed between the QFC and the Taiwan External Trade Development Council (TAITRA), to promote future collaboration and further enhance business relations between Qatar and Taiwan.
The event was attended by senior representatives from the QFC, Bureau of Foreign Trade of the Ministry of Economic Affairs (MOEA); Taiwan External Trade Development Council (TAITRA); Financial Supervisory Commission, Executive Yuan; Institute for Information Industry (III); and Startup Terrace (SME Administration, MOEA).
The Japan Roadshow also featured B2B meetings and a seminar entitled 'Invest in Qatar'. Participants included representatives from the Japan External Trade Organization (JETRO), Japan Cooperation Center for the Middle East (JCCME), Mitsubishi Hitachi Power Systems (MHPS), Sumitomo Mitsui Banking Corporation (SMBC) and MUFG Bank.
Abdullah bin Jassim Al-Zeyara, Deputy Head of Mission, Embassy of the State of Qatar to Japan and Masaru Nishiura, Director Middle East and Africa Division, JETRO both addressed the high-level guests and welcomed them to the event.
The 2019 Taiwan and Japan roadshows come as part of the QFC's efforts to further highlight the solid economic and trade relationship that exist between Qatar and the two nations, and to support Taiwanese and Japanese companies looking to expand their business in Qatar and MENA.
Sheikha Alanoud Bint Hamad Al-Thani, Managing Director, Business Development, QFC Authority
Qatar's economy is recognised as one of the fastest growing economies in the world, and while this offers an abundance of investment opportunities, the QFC provides a competitive business framework to facilitate market access to businesses wishing to expand to the region. We are proud to say that today the QFC is home to over 760 businesses from around the globe. Over 70 of these firms are Asian companies and Asia remains an important market to Qatar and home to the country's top five trading partners. We are eager to see the new alliances with Taiwan and Japan arising from these roadshows and look forward to welcoming them to our platform.
Ms. Venessa Chang, Deputy Executive Director of Taiwan External Trade Development Council (TAITRA)
"Qatar is full of business opportunities. We expect that through the MOU signed by QFC and TAITRA, the bilateral cooperation between Qatar and Taiwan in the trade and industry fields could be further facilitated."
Masaru Nishiura, Director of Middle East Africa Division, Japan External Trade Organisation
"Qatar is aggressively promoting business in sports sector in various way. Japan will host Olympic & Paralympic in 2020 and those events are triggers to accelerate business in sports sector. The seminar in Japan was good exposure of QFC and opportunities in Qatar to Japanese business community. So we expect more collaborations between Qatar and Japan".