Sheikh Mohammed bin Hamad bin Faisal Al Thani, CEO of the Free Zones Authority, confirmed that the State of Qatar has become an attractive investment destination in the sectors of logistics services, e-commerce and cloud data services, and over the past decade, Qatar has achieved important achievements in the field of logistics services, with new developments at the airport. ports, roads and metro network. As a pioneer in digital connectivity with the early launch of 5G technology, Qatar is focused on securing its position as a competitive destination for global investors. This commitment is reinforced through the Third National Development Strategy for the years 2024-2030.
The CEO of the Free Zones Authority said in an interview with Oxford Business Group that the primary focus of the Qatar Free Zone is to support investors in emerging technologies, logistics services, trade and advanced manufacturing, starting from the initial expression of interest until establishing mature operations, noting that Qatar hosts 6 One of the 10 largest logistics companies in the world, which has strategically benefited from the country’s modern infrastructure and widespread connectivity. The Qatar Free Zone continues to attract leading players in the field of logistics, e-commerce and cloud data services, and is actively working to expand offers within the free zones to enhance competitiveness.
Investment priorities
Regarding investment priorities in the digital system for local and international companies in the industrial and technology sectors, he said: “As part of the National Vision 2030, Qatar emphasizes investment in digital infrastructure, which contributes to the development of a strong online economy. The current focus is on enhancing this advanced digital infrastructure, and the Qatar Free Zone is working to grow an innovative network of leaders in technology across various fields, including cloud data services, space, artificial intelligence, blockchain, and green technology.”
He added: “Our free zones work to enhance cooperation between startups, technology giants and research institutions, which enhances cooperation between sectors. In cooperation with the Ministry of Communications and Information Technology, the Qatar Free Zone is committed to supporting decision-makers, innovators, researchers and entrepreneurs in leading the digital transformation in Qatar.”
Support economic diversification
Sheikh Mohammed bin Hamad bin Faisal Al Thani explained that Qatar has witnessed a major economic transformation in recent years, characterized by the development of industries such as finance, health care, education and tourism. This growth has been fueled by increased investment, driven by a growing population and market maturity. The private sector has played a leading role, supported by Qatar’s commitment to creating a business-friendly environment.
He continued: “This circular growth pattern – where investment creates jobs and generates new demand, which in turn stimulates further investment – highlights the journey the country is on. Qatar is committed to sustainability, localization and facilitating investor success, and has built an ecosystem of platforms that enable investors to focus solely on operations and growth, including Qatar Free Zones, Qatar Financial Centre, Qatar Media City, and Qatar Science and Technology Park. Collaboration between platforms, ministries, universities, research centers and other key players is therefore a key focus for all stakeholders, with an emphasis on investment opportunities.
Laws and regulations
Regarding the importance of laws and regulations in light of global fluctuations and supply chain disruptions, the CEO of the Free Zones Authority stressed that strong regulations are pivotal to attract investors. In times of change and emerging technologies, clarity, efficiency and stability are crucial. Qatar Free Zone offers a regulatory framework designed to maximize efficiency, and proactive efforts are being made to engage with stakeholders to foster local and global partnerships, including collaborative efforts with other operators to enhance market access and create innovation testing platforms. The goal of these initiatives is to create an environment that facilitates growth, enhances cooperation, and encourages innovation, complemented by attractive benefits for investors.