Qatar has opened its pavilion at the Hannover Messe International Industrial Fair, which got underway Monday in Germany, showcasing the country's prowess in variegated fields.
Sultan bin Rashid al-Khater, Undersecretary of the Ministry of Commerce and Industry (MoCI), represented Qatar at the event and inaugurated Qatar’s pavilion at the exhibition.
Qatar participated in the official opening ceremony of the fair, which was inaugurated by Olaf Scholz, German Chancellor, and Joko Widodo, President of Indonesia, the guest country for this year's edition, which will conclude on April 21.
Qatar's pavilion sheds light on the leading domestic industries and the latest technologies and technological developments in the industrial sector in the country.
The Hannover International Industrial Fair offers a significant opportunity to exchange expertise and experiences, introduce Qatari companies and industries, and create distinctive partnerships between Qatari and international companies, enhancing cooperation between them, in addition to introducing the most prominent global experiences, and significant technical development in the industrial sector.
During its participation in the Industrial Fair, the MoCI presents the characteristics of Qatar’s investment environment as well as, the laws and legislation passed to stimulate local and foreign investment, including the law regulating the investment of non-Qatari capital in economic activity, and the law regulating public-private partnership.
Additionally, the government will shed light on the incentives and advantages that have been provided to investors, such as exempting foreign invested capital from income tax for up to ten years for specific investment projects in many sector; and providing exemption from customs taxes and fees when importing equipment and raw materials.
The participating entities within Qatar’s pavilion showcased the most prominent initiatives undertaken by Qatar to attract and stimulate investments in the industrial sector and enhance its strategy of supporting the private sector and offering incentives to attract investors and foreign capital.
The entities organise a number of specialised workshops and presentations with the goal of introducing the most prominent distinguished projects and initiatives, as well as the state’s incentives, facilities and investment opportunities to attract more foreign direct investment, particularly in the industrial sector.
The fair highlights several topics such as industrial automation, cloud technologies, digital infrastructure, data management, digital platforms, robotics, information security technology, artificial intelligence, renewable energies, green hydrogen, as well as efficient energy use, CO2-neutral production, digital energy management, and the economy alongside other important areas.
Qatar's pavilion at the Hannover Messe International Industrial Fair.
Participants from Qatar at the Hannover Messe International Industrial Fair.
