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Qatar, Jordan trade volume reaches QR746m in 2023

Qatar, Jordan trade volume reaches QR746m in 2023

The Peninsula
Thursday, April 25, 2024 8:16 AM GMT

Doha, Qatar: Qatar is one of the largest investors in Jordan and Qatari investments include various sectors such as real estate, tourism, banking, hea...

Doha, Qatar: Qatar is one of the largest investors in Jordan and Qatari investments include various sectors such as real estate, tourism, banking, healthcare, energy, and oil derivatives, said an official.

The Qatar Chamber (QC) hosted a meeting with a delegation of Jordanian manufacturers yesterday at Chamber's headquarters. The meeting discussed means to enhance cooperation between both entities, and the investment climate, and opportunities available in both counties . The meeting also explored cooperation between companies from both sides in various sectors such as food processing, agriculture and livestock, plastic and rubber industries, timber, and furniture, clothing, construction, chemicals, paper and carton, and packaging.

Addressing the meeting, Rashid bin Hamad Al Athba, QC Second Vice-Chairman praised developed relations between both countries at all sectors and levels, stressing their common desire to further develop these relations to higher levels across all sectors.

Al Athba stressed the significance of enhancing cooperation between the private sectors of both countries and noted that it will contribute to developing the bilateral trade exchange, which reached QR746m last year compared with QR660m in 2020, an increase of 13 percent.

 “There are many Jordanian companies operating in Qatar, whether in full capital or with Qatari partners, in sectors like trading, contracting, construction, interior design, maintenance, events, real estate brokerage, services, education, carpentry, prefabricated kitchens and others,” he said.

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