Doha, August 23 (QNA) - The Investment Promotion Agency of Qatar (IPA Qatar) CEO HE Sheikh Ali bin Alwaleed Al-Thani highlighted the crucial role of multilateral cooperation in expanding investment opportunities, during a special webinar hosted by the World Association of Investment Promotion Agencies (WAIPA), titled "IPAs' Role in a Post-COVID-19 World: How an Integrative Approach Can Create a More Resilient and Sustainable Investment Ecosystem".

In this context, His Excellency said "A full recovery from the pandemic will require multilateral cooperation among all economic stakeholders. So far, we had bilateral discussions with a number of other IPAs and are keen on taking the conversation further with our international counterparts and complementary institutions. In parallel, we are working with licensing platforms in Qatar to make sure the landscape is equipped and ready for new investment ventures in the post-COVID era."

HE Sheikh Ali bin Al Waleed Al-Thani went on and talked about the importance of focusing on business continuity and resilience as nations and firms transition towards a new economy. Additionally, he discussed the growing role of the digital sector in Qatar's march towards a knowledge-based economy, and the need for all parties involved to accelerate digital transformation in the recovery and post-recovery phase, which he said requires a sustainable ICT Infrastructure at its core.

During the webinar, which brought together a lineup of heads of four investment promotion agencies, WAIPA CEO Bostjan Skalar, who moderated the function, congratulated HE Sheikh Ali bin Alwaleed Al-Thani on IPA Qatar's first anniversary and the recent launch of the Invest Qatar brand. He commented: "On behalf of WAIPA, I would like to congratulate our member, IPA Qatar, on the occasion of its first anniversary as well as welcome to the global FDI network the recently launched Invest Qatar brand. Throughout its first year, we have witnessed IPA Qatar's active role in the scene by engaging and partnering with many relevant institutions around the world."

WAIPA's webinar complements IPA Qatar's FDI Digital Dialogue Series. The series recently kicked off to actively engage and collaborate with partner IPAs and other global FDI stakeholders, with the aim of developing a more resilient and sustainable investment ecosystem on a national and global level.

The webinar, saw the participation of Business France's Deputy CEO and Head of Investment Promotion, Marie-Cecile Tardieu; Malaysian Investment Development Authority's Deputy CEO, Ahmad Khairuddin Abdul Rahim; and the Head of Communications of the Investment Office of the Presidency of Turkey, Bekir Polat.

The Investment Promotion Agency of Qatar (IPA Qatar) oversees investment promotion activities under the Invest Qatar brand and acts as the country's key organization for FDI attraction. Through its vast resources and close coordination with Qatari licensing platforms, IPA Qatar helps businesses advance their ambitions and achieve long-term success by delivering the support, advice, and expertise needed.

IPA Qatars goal is to showcase Qatar as an exceptional investment destination, connecting international investors to lucrative business opportunities, while bringing progress to the countrys economic development and diversification goals across sectors and geographies. (QNA)