Qatar keen to expand investments in M’sia


While Qatar is confident that Malaysia’s economy will grow, Malaysia is pleased with Qatar’s readiness to increase its investments into the country.

This was conveyed by the foreign ministers of Qatar and Malaysia in a joint conference in Putrajaya yesterday on what transpired following talks between the Emir of Qatar, Sheikh Tamim Hamad Al-Thani, and Prime Minister (PM) Tun Dr Mahathir Mohamad at Perdana Putra in conjunction with the Qatar ruler’s three day working visit to Malaysia.

Qatar Deputy PM Sheikh Mohammed Abdulrahman Al-Thani — who is also Qatar foreign minister — said the country is confident that Malaysia’s economy will continue to grow, especially with the vision that they heard from Dr Mahathir.

“We are committed to continue discussions and dialogues in the area of enhancing investment and economic cooperation,” he said.

Sheikh Mohammed is also encouraging more Malaysian companies to come to Doha and participate in the development — especially in infrastructure projects for the 2022 World Cup and beyond, adding that there are already a number of Malaysian companies which have done a “very good job” in Qatar.

He said Qatar and Malaysia also agreed to activate a joint business council.

“Both leaders have instructed us to set up a platform to supervise all sectors of the relationship — be it in economy, trade or political and all potential areas,” he said.

“We have joint cooperation in the political arena, while investments in Malaysia are yielding good returns,” Sheikh Mohammed added.

Foreign Minister Datuk Saifuddin Abdullah said Malaysia is pleased that Qatar is ready to increase its investments in Malaysia.

He said during the Malaysia-Qatar delegation meeting co-chaired by Dr Mahathir and Sheikh Tamim, the main focus was the possible ways for both sides to further strengthen and broaden cooperation — particularly in trade and investment.

“Both sides acknowledge the need to explore the huge potential of both countries,” he said.

During the meeting, Sheikh Mohammed said both leaders discussed bilateral cooperation in the area of international development where the two countries could capitalise on the capacity within the Malaysian government in providing technical assistance, while Qatar is providing foreign aid to several countries.

“So, these are the wide range of potential cooperation between the two countries and our leaders hope to elevate the relationship between two countries,” he said.

Sheikh Mohammed also disclosed that both leaders had the opportunity to discuss regional affairs, especially the conflicts in the Muslim world and the situation in Yemen and Syria, as well as among the Rohingya people.

“Both leaders are of the same view on these issues. They agreed that the conflicts need to be resolved and the people should be provided with jobs and solutions,” he said.

Describing the Qatar-Malaysia relationship they have enjoyed for decades, Sheikh Mohammed said, “The cooperation between the two nations is on a brotherly friendship basis.”

Saifuddin said Dr Mahathir and Sheikh Tamim also expressed their wish that ministers and officials from both countries should meet often and understand each other with the view for greater cooperation between the two countries.

“To show how serious we are trying to foster greater ties, the two foreign ministers will meet (again) today afternoon. We are really doing business,” he said.

Saifuddin also said the Emir of Qatar’s working visit to Malaysia — after his maiden state visit in October last year — is very significant, as it is in conjunction with the 3rd Sheikh Tamim Anti-Corruption International Excellence Award which will be held at Putrajaya International Convention Centre today.