Qatar’s investment in Germany to reach €35bn in next 5 years - The Peninsula Qatar

Qatar’s investment in Germany to reach €35bn in next 5 years - The Peninsula Qatar:

With the completion of the recently announced €10bn worth of proposed investment in Germany by Qatar over the next five years, the combined value of the country’s investment in the Europe’s largest economy will reach €35bn (about QR147bn), Aisha Alfardan, Vice-Chairwoman of Qatari Businesswomen’s Association (QBWA) noted yesterday at a forum in Germany.

The Vice-Chairwoman of the QBWA, in her address at the ‘German-Arab Women Business Leaders Summit’, which concluded yesterday in Munich, bilateral economic cooperation is likely to see a major boost in the coming years as both the countries have signed a number of agreements between the public and private sectors. These include receiving the largest cruise ships coming from Germany at the end of this year, in the framework of cooperation in the field of sea tourism.

“We are delighted that this forum comes after nearly a month of the Qatar-Germany Business Forum in Berlin, which was attended by about 1,000 businessmen and businesswomen from both the countries, in the presence of the Amir H H Sheikh Tamim bin Hamad Al Thani, and Chancellor Angela Merkel as one of the world’s most influential lady,” Alfardan said.