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Qatar to set up investment promotion office in China

By Liu Baijia and Zheng Lifei (chinadaily.com.cn)
Updated: 2009-07-03 13:40

Related readings: 2009 Global Think Tank Summit Related readings:  China to import more LNG from Qatar to meet domestic demand  Qatar's emir pledges to better ties with China

The Qatar Investment Promotion Department is planning to establish an office in China next year to facilitate mutual investments between the two countries, a company executive said today.

The office will be set up in Beijing, according to Farzam Kamalabadi, President and Chairman of Future Trends International (Group) Corporation, a China-specialist US Corporation engaged in investment and trade consulting, media relations, and government lobbying.

The office will help Qatar investors, including Qatar's sovereign wealth fund, to seek investment opportunities in sectors such as banks, real estate, water treatment, infrastructure and chemical in China, said Kamalabadi, who once served as senior adviser to a number of national oil systems such as Oman, Iran, Kuwait, and China.