His Excellency Sheikh Mohammed bin Hamad bin Faisal Al Thani, CEO of the Qatar Free Zones Authority, stressed the authority’s keenness to attract companies that enrich the market with specialized expertise, contribute to developing local competencies and achieving sustainable value in the long term.
His Excellency said that the Authority, through the integrated infrastructure, strategic connectivity and dedicated support it provides to investors, provides international companies with a competitive platform to establish their businesses and expand in regional markets, thus contributing to supporting the economic diversification process in Qatar.
This came in a roundtable meeting of leaders during the Free Zones Authority’s participation in the strategic dialogue between the United Kingdom and the Gulf Cooperation Council, which was organized by The Business Year Foundation in the British capital, London, under the auspices of the Cooperation Council.
The CEO of the Free Zones Authority highlighted the growing position of the State of Qatar as a global investment destination, stressing the importance of economic flexibility in supporting long-term growth.
His Excellency noted the well-established economic cooperation relations between the State of Qatar and the United Kingdom, noting that the fields of technology, industry and investment open broad horizons for enhancing this cooperation.
He pointed out that the volume of trade exchange between the two countries amounted to 5.8 billion pounds sterling (equivalent to 28.1 billion riyals), while Qatari investments in the United Kingdom exceeded 40 billion pounds sterling (equivalent to 194.1 billion riyals), and the number of British companies registered in the Free Zones Authority reached more than 40 companies, which reflects the established presence of British business across various major sectors.
The leadership roundtable meeting, which was held under the title “Infrastructure, Industrial Transformation and Strategic Growth,” discussed the role of free zones, infrastructure and industrial development in shaping investment directions between the United Kingdom and the Gulf Cooperation Council countries during the next stage.
The strategic dialogue between the United Kingdom and the Gulf Cooperation Council, which brought together senior policymakers, investors and business leaders, reviewed opportunities to enhance trade and investment cooperation between the two sides.
The Qatar Free Zones Authority confirmed that its participation in the strategic dialogue confirms its commitment to enhancing means of economic cooperation, attracting high-value international investments, and advancing industrial development between the State of Qatar, the United Kingdom and the Arabian Gulf region.
The Authority continues to strengthen its strategic partnerships in priority sectors, including emerging technologies, biomedical sciences, logistics services and advanced manufacturing, in support of industrial development and achieving the goals of the Qatar National Vision 2030.