Doha bank hosts Qatar-Mexico knowledge sharing session

27/11/2017 07:49 AST

Doha Bank, one of the largest private commercial banks in Qatar, hosted a knowledge-sharing session to explore business and investment opportunities in Mexico and Qatar.

The event, co-hosted by ProMexico and the Mexican Embassy in Qatar was attended by several senior officials, including members of Doha Bank’s senior management, and the business community from both the nations.

Dr. R. Seetharaman, CEO, Doha Bank was the key note speaker. Dr. R. Seetharaman, noted: “Mexico economy is expected to grow up by 1.85 percent in 2018. Mexico’s exports to Qatar include trucks, vehicles and refrigerators. Qatar’s exports to Mexico include natural gas and aluminum alloy. Qatar – Mexico trade is close to QR700m . In Octobnr 2017 QFC has announced the licensing of Dunn Lightweight Architecture LLC; a subsidiary of the Mexican company Dunn Arquitectura Ligera SA de CV, which specialises in fabric and tensile structures under its umbrella. They will take part in the construction of stadiums for the FIFA World Cup Qatar 2022. Qatar and Mexico can synergize relationships to build great relationships.”

Francisco Niembro, the Ambassador of Mexico to Qatar, shared insights on the growing relationship between the two countries, and the key role of Mexican residents in Qatar’s social and economical development, outstanding increase in tourism from Qatar to Mexico and potential for Mexican companies in Qatar in areas such as Food and FIFA 2022 World cup.

Juan Cepeda, Director of ProMexico for the Middle East, said that “Qatar and Mexico has strengthen commercial ties in the last three years. We have accomplished to bring Mexican companies to invest in Qatar; we have also concrete trade projects on different sectors, such as automotive, food, creative industries and fashion. We are happy with the evolution of the relation and we are confident that we will improve it in the future.”

Alejandro Blasco Ruiz, Director of Relationships with investors of Banobras gave insight on the opportunities in infrastructure space, why people should consider Mexico, insights on investor protection and private public partnerships in Mexico.

The Peninsula Qatar