THIS ENTREPRENEUR SEES NO DOWNTURN IN HIS BUSINESS
By Ramesh Mathew
Gulf Times
e.asp?cu_no=2&item_no=266259&version=1& ;template_id=36&parent_id=16
Jan 13 2009
Qatar
THERE are still a lot of opportunities for investment in Qatar,
feels an entrepreneur, who runs a manufacturing unit of mementos,
gifts, presentation boxes and packages.
Armenian born-Vicken Deyirmenjian is a well-known name in Qatar for
making trophies, medals and presentation wares.
The young businessman, who heads the unit employing about 200 craftsmen
on Street 48 of Industrial Area, said he had enough reasons to be
confident about his business even in the face of global economic
slowdown. "As a businessman, one needs to bear in mind what the market
requires at this juncture. Entrepreneurs should work out their future
plans to suit the requirements of the market," he said.
Speaking to Gulf Times at his pavilion at the Doha Exhibition Centre
as part of the "Made in Qatar" exhibition, the entrepreneur said until
now he had not experienced anything that indicated a downward trend
in business in Qatar. "In our business, every customer comes to buy
something new and my company is meeting the demand," he said.
He said Qatar is a good place to do business and has a growing local
market for new products.
Deyirmenjian said he has enough orders to deliver at the local level
and he saw more chances to grow in coming years.
Echoing similar feelings, his wife Vacha also feels that Qatar provides
ample opportunities for entrepreneurs who take up challenges. "This
country is very much business-friendly and has a number of people
having a good disposable income," she said.