Rajasthan Woos Qatari Investors Ahead of Global Summit

Rajasthan’s Industry and Commerce Minister, Col. Rajyavardhan Rathore, led an investors’ roadshow in Doha, Qatar on Thursday, as part of the international outreach for the upcoming ‘Rising Rajasthan’ Global Investment Summit 2024.

The delegation’s visit to Qatar was marked by significant engagements with key officials and business leaders. Col. Rathore met with Mohammed bin Hassan Al Malk, Under Secretary, Ministry of Commerce and Industry, Government of Qatar, extending an invitation to the Qatar government for the upcoming summit. The delegation also held productive talks with officials from real estate and hospitality major CDC and the Qatar Chamber of Commerce and Industry.

During these meetings, the Rajasthan delegation rolled out the red carpet for Qatari businesses, inviting them to invest in a wide range of sectors. These included Real Estate, Infrastructure, Chemicals & Petrochemicals, Renewable Energy, Education and Skilling, Auto and EV, Tourism, Startups, Mining, and ESDM/IT and ITeS.

Col. Rajyavardhan Rathore emphasized Rajasthan’s emerging status as a business-friendly destination, stating: “Rajasthan, with its vast natural resources and prime location, is emerging as a business-friendly destination. A complete overhaul of the entire spectrum of policies, rules and guidelines that regulate business is on, with bold changes being made to enhance the ease of doing business.” He also highlighted the government’s focus on reducing the cost of doing business to make Rajasthan more cost-competitive.

India’s Ambassador to Qatar, Shri Vipul, expressed strong support for the initiative. He said, “Government of Rajasthan’s upcoming ‘Rising Rajasthan’ Global Investment Summit 2024 has the potential of writing a new chapter of the state’s association with Qatar. I urge the investors and the business community to visit Rajasthan especially in view of the business reforms being ushered in by the government.”

The Qatar visit is part of a broader global outreach effort by the Rajasthan government. It follows a 3-day visit to UAE, also led by Col. Rathore. Prior to these Middle Eastern engagements, Chief Minister Shri Bhajan Lal Sharma had led delegations to South Korea and Japan, generating significant interest from several companies and associations in doing business with Rajasthan.

The ‘Rising Rajasthan’ Global Investment Summit 2024 is scheduled for December 9-11, 2024, in Jaipur. This three-day mega event aims to attract global investment, innovation, and partnerships to the state. The summit will feature plenary sessions on various focus sectors including Agriculture, Renewable Energy, Education and Skilling, Auto and EV, Infrastructure, Chemical and Petro-chemical, Tourism, Startups, Mining, and ESDM/IT and ITeS.

By – Vinod Kumar (Dubai)