Belarus invites Qatari businessmen to invest in transport projects

MINSK, 9 September (BelTA) – Belarus has invited companies of Qatar to partake in big investment projects in the transport industry, BelTA learned from the press service of the Belarusian Transport and Communications Ministry.

Joint projects have been discussed at the recent meeting between Transport and Communications Minister of Belarus Ivan Shcherbo and Qatari businessmen.

At the meeting Ivan Shcherbo spoke about the structure of the Belarusian transport complex and stressed that the ministry is ready to do its utmost to promote cooperation. Ivan Shcherbo is convinced that representatives of Qatar can find interesting projects in Belarus. The minister stressed that the country implements projects to construct and revamp motorways. Belarus is eager to raise foreign investments. “The Transport Ministry is ready to revamp some parts of roads on terms of concession,” according to the press service.

Moreover, Qatari businessmen may be interested in railway electrification projects. The parties discussed another promising and large-scale project to construct a transport and logistics center near the town of Orsha. “Another promising cooperation avenue is the development of the Belarusian marine fleet. The minister is convinced that the Customs Union of Russia, Belarus and Kazakhstan may help as it offers additional prospects in the transport industry,” according to the press service.

Qatari businessmen, in turn, expressed interest in Belarusian projects. “Markus Vanko, investment director of the general portfolio investment department of Qatar Holding Company, said that the Eastern company is ready to sponsor and implement joint projects, which will bring success and benefits in future. This position was supported by other members of the Qatari delegation, including representatives of Qatari Diar Company.
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