Qatar Chamber (QC) and the National Federation of Electricity, Electronics, and Renewable Energy (FENELEC) of Morocco have discussed ways to strengthen trade and economic cooperation between Qatar and Morocco.
The meeting, chaired by Mohamed bin Ahmed bin Twar Al Kuwari, First Vice Chairman of Qatar Chamber, and Ali Al Harithi, President of FENELEC, focused on enhancing cooperation between the Qatar Chamber and FENELEC.
The discussions also aimed at promoting the private sector’s role in boosting trade and investment exchanges between the two nations.
Qatar Chamber has underscored the importance of strengthening the role of the private sector in boosting trade and investment ties between Qatar and Morocco, with a particular focus on renewable energy.
In his remarks, Mohamed bin Twar affirmed that the Qatari business community is keen to learn about the investment opportunities available in Morocco, establish economic partnerships with Moroccan companies, and benefit from the advantages and incentives that Morocco offers to investors.
He reaffirmed the Qatar Chamber’s support for all efforts aimed at strengthening cooperation between the Qatari and Moroccan private sectors, as well as its encouragement and support for Moroccan investors seeking to enter the Qatari market.
In turn, Ali Al Harthi praised the deep, fraternal relations between Qatar and Morocco at all levels and the importance of strengthening trade ties, particularly between the private sectors of both countries.
He noted that Qatar possesses significant capabilities that encourage Moroccan companies to invest in the Qatari market. He further indicated that the Moroccan market is competitive and serves as a gateway to the African continent, welcoming Qatari investments.
Al Harthi invited Qatari companies to explore investment opportunities in Morocco’s electricity, electronics, and renewable energy sectors, whether through partnerships with Moroccan firms or within the framework of public-private partnerships. He explained that the battery industry is among the leading sectors in Morocco, with exports to European, American, and African markets.
