Interview: Sheikh Mohammed bin Hamad bin Faisal Al Thani
What initiatives have been implemented to make Qatar an investment destination in logistics, e-commerce and cloud data services?
SHEIKH MOHAMMED BIN HAMAD BIN FAISAL AL THANI: Over the past decade Qatar has achieved significant milestones in logistics, with new developments to the airport, ports, roads and metro systems. As a pioneer in digital connectivity with the early introduction of 5G, Qatar is focused on securing its position as a competitive destination for global investors. This commitment is reinforced by the Third National Development Strategy for 2024–30.
QFZ’s primary focus lies in supporting investors in emerging technologies, logistics, trade and advanced manufacturing, from the initial expression of interest to the establishment of mature operations. Qatar hosts six of the world’s top 10 logistics companies, which have strategically leveraged the country’s modern infrastructure and extensive connectivity. QFZ continues to attract leading players in logistics, e-commerce and cloud data services, and is actively expanding offerings within free zones to further enhance competitiveness.
Where are the priority areas for investment in the digital ecosystem for local and international companies in the industrial and technology sectors?
SHEIKH MOHAMMED: As part of National Vision 2030, Qatar is emphasising investment in digital infrastructure, contributing to the development of a robust online economy. The current focus centres on enhancing this advanced digital infrastructure and QFZ is cultivating an innovative network of leaders in tech across various fields including cloud data services, aerospace, artificial intelligence, blockchain, and green technology. Our free zones foster collaboration among startups, tech giants and research institutions, promoting cross-sector collaboration. In tandem with the Ministry of Communications and IT, QFZ is committed to supporting decision-makers, innovators, researchers and entrepreneurs in driving Qatar’s digital transformation.
In what ways can free zones and incubators play a role in supporting economic diversification?
SHEIKH MOHAMMED: Qatar has experienced a significant economic transformation in recent years marked by the development of industries such as finance, health care, education and tourism. This growth has been fuelled by increased investment, propelled by a growing population and a maturing market. The private sector has played a leading role, supported by Qatar’s commitment to creating a business-friendly environment.
This circular growth pattern – where investment drives job creation and generates new demand, which in turn stimulates further investment – underscores the country’s journey. Qatar is dedicated to sustainability, localisation and facilitating investor success, and has built an ecosystem of platforms that empower investors to focus solely on operations and growth, including QFZ, Qatar Financial Centre, Media City Qatar, and Qatar Science and Technology Park. As the country’s free zones attain critical mass, collaboration among platforms, ministries, universities, research centres and other key players is a major focus for all stakeholders, emphasising investment opportunities.
How can regulation better contribute to stability and efficiency for trade and investment in the context of global volatility and supply chain disruptions?
SHEIKH MOHAMMED: Robust regulations are pivotal to attracting investors. In times of change and emerging technologies, clarity, efficiency and stability are crucial. QFZ offers a regulatory framework designed to maximise 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 establish innovation testbeds. Through these initiatives, the goal is to create an environment that facilitates growth, fosters collaboration and encourages innovation, complemented by attractive benefits for investors.