In October 2018, as part of its efforts to drive foreign direct investment (FDI) and industrial diversification, Qatar pledged to invest $3bn in new free zones (FZs) and industrial clusters around key logistics centres. According to the Qatar Free Zones Authority (QFZA), the Umm Al Houl Free Zone will open near the Hamad International Port in...
The potential for the industrial sector to play a major role in Qatar’s economic growth was officially recognised in 2008 with the publication of the country’s plan for long-term development, Qatar National Vision 2030 (QNV 2030). Since then Qatar has taken a number of steps to increase the incentives available to foreign investors interested...
The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are presenting emerging markets with opportunities such as improved productivity, as well as risks, namely reshoring and the...
Qatar operates a modern and technically proficient power transmission and distribution network. The system benefits from a compact country service area of only 11,570 sq km and modern infrastructure, much of it installed over the last 10 years as total generation capacity grew by over 140%.
Key to Qatar’s drive towards diversification in its economy is developing a thriving private industrial sector. The most recent national development strategy has thus sought to encourage businesses, with a particular focus on small and medium-sized enterprises (SMEs). This support is also likely to continue in the National Development Strategy...
Central to Qatar National Vision 2030 (QNV 2030), the country’s long-term development plan, is creating a competitive and diversified economy. The industrial sector plays a key role in this, broadening the scope of private sector activity, encouraging the shift to higher value-added activities and creating jobs in an increasingly knowledge and...
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