South Africa and Qatar to Hold Bilateral Consultations
Posted on 02/03/2009
According to the press release, “South African Deputy Foreign Minister Sue van der Merwe will hold the first round of bilateral consultations with the Assistant Foreign Minister for Follow-Up Affairs of the State of Qatar Mr Mohammed Abdullah Al-Rumaihi at the Twelve Apostles Hotel and Spa in Camps Bay, Cape Town on Wednesday 04 February 2009.
Qatar Investment in South Africa and Africa
The Qatar Investment Authority has invested US$400 million in an investment fund, the PME Infrastructure Management Limited Fund. The fund is investing in infrastructure in Africa and is concentrating on the areas of transportation, communication and energy. According to the Government of Qatar, South Africa is the biggest beneficiary and of this fund which is considered to be the first investment by the Qatar Investment Authority in South Africa.
South African Investments in Qatar
South African companies have been fairly successful in obtaining contracts for major projects in Qatar. Sasol and Qatar Petroleum entered into a US$900 million joint venture gas-to-liquid facility at Ras Lafan. The plant was inaugurated on 6 June 2006 by the Minister of Minerals and Energy Bulelwa Sonjica.”
read more: South Africa – Department of Foreign Affairs
