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More investment, flourishing bilateral trade mark PM's official visit to Qatar

30 Mar 2022 | Wednesday Source: The Edge Markets

Malaysia’s Prime Minister Datuk Seri Ismail Sabri Yaakob’s official visit to Qatar has been fruitful for the country with more investment, flourishing bilateral trade and potential for collaboration in an array of sectors, namely the halal industry, Islamic banking and renewable energy.

Doha and Putrajaya have seen a significant increase in the value of trade between the two countries, despite the world still grappling with the Covid-19 threat.

The Prime Minister said the trade value in the first two months of this year showed an increase of 30.9% to RM610 million, compared with RM470 million for the same period last year.

“I am also grateful that Qatar has chosen Malaysia as a major investment destination in Southeast Asia, especially in the real estate and services sectors.

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