Mubasher: Qatar Chamber vice chairman Mohamed bin Twar announced that there are around 210 Sri Lankan firms operating in Qatar with a total capital of QAR 45.5 million.
In 2017, Qatar's and Sri Lanka's trade volume reached $73 million, Bin Twar added in a statement.
Both countries inked several agreements and memoranda of understanding (MoUs) in order to improve economic relations.
“The state of Qatar is attaching great importance to developing cooperation relations in South Asia. There are many Qatari investments in this vital region and there is room for more in the near future,” Bin Twar noted.
Moreover, around 120,000 Sri Lankans are employed in Qatar and who contribute to its development, which reflects the strategic relations between the two countries.
“Meanwhile, we urge Qatari businessmen to explore the abundant investment opportunities in Sri Lanka and to establish business partnerships and alliances with their Sri Lankan counterparts,” Bin Twar stated.
