The Investment Promotion Agency Qatar (IPA Qatar) has led a series of strategic business engagements at Hannover Messe 2022, showcasing business and investment growth potential between Qatar and Germany.
IPA Qatar hosted in-person meetings with German and foreign investors, and an Invest Qatar seminar “The Future is Now: Qatar’s Avenues of Growth for International Companies”, in collaboration with the Ministry of Commerce and Industry, Qatar Financial Centre (QFC), Qatar Free Zones Authority (QFZA) and Qatar Science and Technology Park (QSTP).
Leveraging Qatar’s position as a strategic hub on the world investment map, IPA Qatar’s participation at one of the largest trade fairs worldwide was aimed at promoting the country’s promising business landscape, outlining its favourable investment environment, and the plethora of opportunities across sectors.
IPA Qatar’s business meetings served in widening its network with potential investors, ranging from big corporations to small and medium enterprises or SMEs and startups, in addition to further deepening the agency’s footprint in the German market.
"Having more than 300 German companies that have chosen Qatar as a second home for their business, and a record 79% increase of bilateral trade in 2021, signals the plentitude of promising avenues of growth for German businesses in Qatar," said Sheikh Ali Alwaleed al-Thani, IPA Qatar chief executive.
The Invest Qatar pavilion underpinned the significant national strides made to bolster Qatari industries and advance the technological transformation of the industrial sector, while showcasing the vast business opportunities in Qatar.
QFC Authority chief executive Yousuf Mohamed al-Jaida said the country offers the investment community an assurance of long-term economic stability backed by business-friendly policies, state-of-the-art infrastructure, a high peace index and a location strategically placed between the crossroads of the east and west.
"We are committed to building on Qatar’s robust and resilient market by offering firms, a world-class commercial, legal and regulatory environment that drives economic diversification," he added.
Yosouf al-Salehi, executive director, QSTP, said it has been able to showcase its pivotal role in attracting regional and global technology companies to Qatar, and how this plays into the national drive to diversify Qatar’s economy.
"We offer the full idea-to-invention scope of support, expertise, and infrastructure necessary for innovation to thrive, and our park and free zone is ideal for multinational corporations looking to expand into new markets develop their ground-breaking products in Qatar," he said.
Hamad al-Mohannadi, business development manager at QFZA said it had the opportunity to demonstrate the outstanding opportunities and benefits that it offers for investing companies from Germany and other parts of the world, who are interested to establish their businesses in Qatar Free Zones and to expand regionally and globally.
As part of the seminar discussion, IPA Qatar’s director of Investor Relations Jeroen Nijland highlighted the unique business journey that Qatar offers to investors, backed by an array of lucrative benefits and incentives, future-ready infrastructure, strategic connectivity, and business-friendly environment.
He also shed light on potential investment opportunities for further mutually beneficial cooperation between Qatar and businesses across different sectors, including industrial technology, digital, and manufacturing among others.
 
 
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