CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

IPA Qatar, QRDI join forces to advance R&D, innovation

Published: 03 Dec 2021 - 09:07 am | Last Updated: 03 Dec 2021 - 09:13 am
Peninsula

The Peninsula

The  Investment  Promotion  Agency Qatar (IPA Qatar) and Qatar Research, Development and Innovation (QRDI) Council announced a new partnership that  aims  to  accelerate  the  development   of   the   RDI   ecosystem in Qatar and bolster new opportunities for foreign investments  in  this  strategic  field.

As  part  of  the  national  strategy  to  further  grow  the  innovation and research eco-system in Qatar and boost the country’s international compet-itiveness, the two organisations have pledged to leverage their experience  and  synergies  to  attract innovative businesses to Qatar  and  support  their  RDI  activities.

 This  joint  collabo-ration  also  aims  to  provide  investors with more access to Qatar’s lucrative RDI opportu-nities across different sectors, while fuelling the State’s trans-formative  change  towards  a  knowledge-based  economy,  characterised by innovation, as outlined in the Qatar National Vision 2030.

CEO of IPA Qatar Sheikh Ali Alwaleed Al Thani said: “Over the last few years, significant strides have been made to revolutionise the  RDI  sector  in  Qatar  and  deepen the ongoing cultivation of  a  vibrant  innovation  eco-system. Backed by future-ready infrastructure,   a   conducive   business  environment,  and  an  unwavering  commitment  to  advancing  research  and  inno-vation, Qatar is spearheading a new legacy in the region.”

Al  Thani  added:  “We  are  pleased to embark on this col-laboration with QRDI Council, and jointly boost the competi-tiveness of Qatar’s economy by leveraging the RDI landscape and to enable and support the attraction of foreign businesses in this field.”Secretary General of QRDI Council Eng. Omar Ali Al Ansari said: “We look forward to sup-porting  international,  inno-vation-driven  businesses  in  Qatar, helping to drive strategic connections with government agencies and large local entities that provide the testing grounds for  piloting  technologies  for  new  products  and  services.  We’re   also   committed   to   building  important  linkages  between R&D-intensive busi-nesses  and  our  research  and  academic institutions, so that private businesses can leverage the world-class infrastructure available in Qatar.”

Al   Ansari   added:   “Our   recently launched QRDI Portal is a testimony to the significant benefits that can be unlocked through greater collaboration. International  companies  can  connect with entities in Qatar housing highly specialised facil-ities, equipment and services to further develop their innovation and research activities.”

Complementing its role as a key gateway to all investment solutions in Qatar, IPA Qatar will work closely with QRDI Council to connect foreign businesses to relevant government agencies, local businesses, and knowledge institutions,  and  offer  them  access  to  R&D  opportunities  across different sectors.