Uruguay officials are traveling to Qatar this week with several proposals in hand in hopes of strengthening ties with the Middle East state and encouraging more Qatari investment in Uruguay.
The first proposal, adding Qatar Airways flights to Montevideo, will probably be implemented the quickest considering the priority of adding new international routes at Carrasco International. “We view the airline as a link to attract other investors from Qatar. There will be no delays or impediments to prevent them from flying immediately,” a Ministry of Transportation official tells El Observador. Qatar’s new US$15.5 billion Hamad International Airport (HIA) is scheduled to open this month.
The second proposal will encourage Qatari investment in the future deep water port in Rocha. As the world’s largest exporter of liquefied natural gas (LNG), Qatar will be offered the opportunity to build a regasification terminal at Rocha to serve the Southern Cone. Qatari officials are already in talks with ANCAP regarding the new regasification terminal being built off the coast of Montevideo.
Finally, Uruguay is encouraging Qatari investment in all sectors of Uruguay agribusiness from cattle and poultry production to crops and citrus in order for Qatar to secure long-term food supplies. “Qatar has a very advanced policy of logistics development and trade. They are interested in Uruguay not only for food security but also for the high quality of Uruguay food exports,” said the Ministry official. (Full Story in Spanish)
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