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H.E. Undersecretary of Ministry of Commerce and Industry meets with Malaysian Technology Development Corporation CEO

His Excellency Mr. Sultan bin Rashid Al-Khater, Undersecretary of the Ministry of Commerce and Industry, met with the Malaysian Technology Development Corporation CEO and his accompanying delegation, as part of Qatar’s participation in the Hannover Messe International Industrial Fair 2022.

The meeting was attended by a number of representatives from the entities forming the Qatar delegation, namely the Investment Promotion Agency, Qatar Chamber, Qatar Science & Technology Park and Qatar Development Bank.

During the meeting, officials discussed ways to enhance cooperation between the two sides in many fields, especially in terms of investment and technology.

H.E. the Undersecretary of Commerce and Industry highlighted the successful economic policies Qatar has put in place to support the private sector, and pointed out the incentives, legislations, and promising opportunities available in Qatar that are aimed at encouraging Malaysian investors, businessmen, and business owners to invest in Qatar.

The Malaysian Technology Development Corporation (MTDC) is wholly owned by Khazanah Nasional Berhad which is the strategic investment fund of the government of Malaysia.

MTDC has been a leading player in technology marketing in Malaysia for more than 30 years. It aims to instil modern technologies use by local companies and is active in many areas, including fund management, providing project incubators, and offering advisory services. These areas, especially knowledge, technology, innovation, support, and investments, are among the most important pillars of Malaysia’s economic growth.

Source: Ministry of Commerce and Industry