Italy takes lead in Project/Hospitality Qatar & More News Here

Italy is taking the lead among the many worldwide contributors on the mixed Project/Hospitality Qatar, which can start subsequent week, with it arising with two pavilions, collectively bringing in about 30 corporations.
“The year 2022 will not only be the year of the historic and unforgettable World Cup, but also a wonderful year for the bilateral relations of the two countries, as it will witness the celebration of the 30th anniversary of the opening of the Italian Embassy in Doha,” Alessandro Prunas, ambassador of Italy to Qatar, instructed a gathering yesterday to announce the schedule of the mega exhibition on the Doha Exhibition and Convention Centre.
In the previous ten years, Qatar’s financial partnership with Italy has grown by leaps and bounds, making it one of the vital locations for Qatari funding.
He highlighted the position of Italian corporations in the expansion story of Qatar, particularly in the World Cup tasks, significantly in the areas of transport and infrastructure, such because the Doha Metro and Al Bayt Stadium, which had been constructed by way of a three way partnership between Italian and Qatari corporations.
In 2021, the full commerce between Italy and Qatar reached €3.27bn, growing by 76%, which is “quite significant”, he mentioned, including Italy was the sixth largest commerce companion of Qatar.
In the primary three months of this 12 months, Italy turned the fourth buying and selling companion of Qatar, he mentioned, highlighting the rising significance of the European nation to Doha.
Augusta Smargiassi, commerce commissioner, Italian Trade Agency, mentioned the nation is placing up two pavilions – one for Project Qatar and different one for Hospitality Qatar. She mentioned as many as 12 Italian corporations are participating in Project Qatar and 16 meals and drinks (F&B) corporations in Hospitality Qatar.
“Going by the trade statistics of the first three months of this year, Italy’s prominence in the Qatari market is growing,” she mentioned, highlighting that F&B commerce between the nations Qatar elevated by 54% year-on-year and the development sector by 22%.
The Italian Trade Agency (ITA) in Doha had entered into an settlement with LuLu Hypermarket for the sourcing of exports from Coldiretti, Italy’s nationwide affiliation of farmers representing 500,000 producers.
Qatar, the world’s greatest provider of liquefied pure gasoline (LNG), lately welcomed Italy’s plans to spice up vitality ties between each nations, seemingly an offshoot of Europe devising methods to diversify away from Russian gasoline.
In February this 12 months, the primary strategic dialogue between Qatar and Italy was held in Rome, underneath the chairmanship of HE Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohamed bin Abdulrahman al-Thani, and Minister of Foreign Affairs and International Co-operation of Italy Luigi Di Maio.

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