Roads hold the largest share in the logistics market
68 bilateral investment treaties and 28 bilateral customs agreements
80 double taxation agreements with major economies
The Ministry of Transportation revealed the National Strategy for the Logistics Services Sector (Transportation and Storage Sector) 2024-2030, which aims to consolidate the position of the State of Qatar as a global logistics pole, support economic diversification, and enable merchants and investors to move commercially at the lowest cost and time. The Ministry reviewed the axes of the national strategy for the logistics sector 2024-2030, which include creating and attracting trade flows, modernizing and enhancing local logistics services, and facilitating cross-border operational operations and transit shipping. The axes of the strategy also included establishing a work structure that ensures effective governance and coordination within this vital sector. .
The Ministry stated that the most prominent programmes, initiatives and projects essential to achieving these requirements include efficiency through advanced infrastructure, accessibility through modern connectivity methods, innovation through digital transformation, and sustainability through the use of clean energy.
The Ministry of Transportation is working to implement this strategy in coordination with the relevant authorities in the country, in support of implementing the objectives of the third national development strategy (2024-2030), and enhancing the position of the State of Qatar among the best countries in the world in the logistics efficiency index, in order to achieve the Qatar Vision 2030.
The major initiatives launched by the State of Qatar to keep pace with the transformation taking place in the logistics, warehousing and transportation sectors provide promising and promising investment opportunities for investors, by providing environmentally friendly infrastructure equipped with the latest technology systems, and following the highest standards of efficiency and competitiveness in operating its facilities, in addition to enacting flexible legislation and laws. That meets the aspirations of investors.
The implementation of the national strategy for the logistics services sector enhances the ability of merchants and investors to move commercially at the lowest cost and time, in a way that supports the requirements of economic diversification clusters for logistics and shipping services.
The vision of the State of Qatar to develop the logistics sector and its various services is not just an ambitious idea, but rather a necessity to achieve economic growth and sustainability, as the Ministry of Transport works side by side with governments, international organizations and the private sector to achieve this vision.
In light of the increasing importance of the land transport sector in enhancing the growth and competitiveness of the economy of the State of Qatar, the sector continues its efforts aimed at developing an advanced infrastructure that is consistent with the goals of the Qatar National Vision 2030. The state has allocated 95% of its huge investments in infrastructure to projects regulating land transport with the aim of increasing the length of Highways to 8,500 kilometers, in addition to building 200 bridges and 30 tunnels.
The role of the Ministry of Transportation is not limited to establishing a global land transport infrastructure, but the Ministry also seeks to establish an integrated and effective transport system that operates with advanced technology, serves all service, economic and environmental sectors, and effectively links Qatar to the regional and global economy.
Strategic geographical location
The strategic geographical location of the State of Qatar has contributed to making it the meeting point between East and West between three continents: Africa, Asia and Europe. This is reinforced by the fact that Qatar has one of the most prominent air cargo companies in the world, Qatar Airways Cargo, and the best airline in the world, Qatar Airways, and an airport. Hamad International Airport, the second best airport in the world, and Hamad Port the eighth largest port in terms of capacity in the world, and the state’s huge investment in this sector has been reflected in the size of the local transport market, which reached a value of $9.9 billion, which has enabled Qatar to become the second best country in the region in terms of the efficiency of logistics services.
Fastest growing market
The latest global logistics performance index issued by the World Bank showed that the State of Qatar ranked 14th globally in the logistics efficiency index, and 19th globally in the infrastructure quality index, and ranked 36th globally in the general index, which includes 139 countries and is issued every two years. Superior to 103 countries around the world.
All of these achievements are in line with Qatar National Vision 2030, and the state’s goal of diversifying the economy. These developments are also reflected in the state’s success in becoming a leading global center for investment and business, a center for global trade and logistics services, and one of the fastest growing markets in the world. The field of logistics services, especially after the impressive success in hosting the 2022 FIFA World Cup.
The State of Qatar seeks to strengthen supply chains and logistics services and encourage business owners to invest in this vital and important sector.
Global economy
The international transport and logistics services sector is one of the most important arteries of the global economy and the backbone of international trade, which makes the challenges and problems facing this sector not only have a fundamental impact on international trade, but also on the global economy in all its details. The size of the global logistics services market was estimated at about 8.96%. trillion US dollars in 2023, and is expected to reach 21.91 trillion dollars by 2033 with a compound annual growth rate (CAGR) of about 9.35% during the period from 2024 to 2033.
This significant increase in the market is attributed to the expansion of e-commerce and increasing trade agreements, as well as technological innovations such as artificial intelligence and data analysis to improve supply chain efficiency and inventory management.
There is also a noticeable development in Internet of Things technology and improving energy efficiency in warehouses, which contributes to the growth of the market, highlighting that, among other innovations, work is underway to improve last-mile delivery using drones and self-driving vehicles, which are technologies that attract the interest of many people. Big companies.
Land routes account for the largest share of the logistics market, followed by sea and air transportation, due to their cost efficiency and ability to meet express delivery needs. The Asia-Pacific region is considered the largest in terms of market share, followed by Europe and North America, and this is due to rapid growth. in e-commerce and manufacturing in these regions.
Shipping and services market
Logistics in Qatar
Mordor Intelligence, the agency specializing in market research reports, estimates the size of the shipping and logistics services market in Qatar at approximately US$9.37 billion in 2024, and is expected to reach US$12.13 billion by 2029, with a compound annual growth rate of 5.30% during the forecast period. (2024-2029).
The rapid growth of Qatar’s logistics sector has been significantly boosted by investments in technology and communications.
Moreover, Qatar has concluded 68 bilateral investment treaties, 28 bilateral customs agreements, and more than 80 double taxation agreements with major economies to facilitate trade and investment activities.
As a result, the logistics sector has emerged as one of the fastest growing industries in Qatar, witnessing a remarkable growth rate of 26% in 2022 and is expected to grow by 7.1% over the next five years.
The State of Qatar Qatar has one of the most advanced logistics services, which is the infrastructure that provides great support for its commercial activities at the regional and global levels, which is represented by the best airport in the world 2024, which is linked to about 200 international destinations, and modern sea ports, including Hamad Port, which can handle With 7.5 million tons of products, direct and indirect services to more than 100 destinations, advanced storage capabilities and high capacity fueled by growth across economic sectors, advanced railway and metro systems according to the latest in the world, Proximity to supply chains and most major markets (Middle East, North Africa, Europe, and Asia).
Freight market trends
E-commerce is expected to grow at an annual rate of 9.96% until 2027
Initiatives launched by the government help reduce trucking costs.
-Increasing preference for electric cars
-Qatar ranks 34th in the Logistics Performance Index
The 2050 transportation plan will facilitate the transportation of goods.
-Qatar is working to enhance port connectivity through infrastructure construction plans
Shipping market leaders
-Gulf International Services Company
-Gulf Warehousing Company (GWC)
-Nakilat Company
-Navigation group
– Qatar Airways Cargo