Officials during the forum.
Doha, Qatar: The National Forum for Innovation and Industrial Investment concluded its proceedings yesterday, reaffirming Qatar’s commitment to fostering a dynamic and competitive business environment. The forum serves as a strategic platform for industry leaders, policy makers and investors to explore key opportunities in industrial innovation, sustainability and economic transformation.
Organised by Manateq, in collaboration with the Ministry of Commerce and Industry, the forum gathered representatives from the Ministry of Finance, Qatar Development Bank, Qatar University, and leading investors and entrepreneurs. The forum focused onefforts aimed at supporting the country’s industrial and economic growth in line with Qatar National Vision 2030 and the Third National Development Strategy 2024-2030.
Commenting on the forum, Saleh Majed Al Khulaifi, Assistant Undersecretary for Industry and Business Development Affairs at the Ministry of Commerce and Industry, stated: “Innovation and industrial investment are the cornerstone of national development strategies. In Qatar, we are committed to fostering entrepreneurship, creating a conducive environment for research and development, and attracting investments to achieve economic diversification and enhance the competitiveness and sustainability of national economy.”
Al Khulaifi added that: “The Ministry of Commerce and Industry, through the National Manufacturing Strategy 2024-2030, aims to increase the added value of the manufacturing sector to more than QR70.5bn, boost non-hydrocarbon exports to around QR49bn, and enhance industrial investment to exceed QR326bn by 2030.
Additionally, the strategy seeks to diversify manufacturing industries by 50%, raise the private sector’s value-added contribution to QR36bn, elevate Qatar’s ranking among the top 40 countries in the Industrial Competitiveness Index, promote green manufacturing, and accelerate the transition towards smart and knowledge-based industries.”
He emphasised the significance of the forum in exploring opportunities and strengthening cooperation among stakeholders, whereby advancing innovation, attracting investments, and achieving sustainable economic development.
Eng. Mohammed Lutfallah Al Emadi, CEO of Manateq, emphasized the forum’s role in empowering investors and advancing Qatar’s industrial landscape, stating: “This forum has provided a valuable platform for dialogue and collaboration, reinforcing Manateq’s mission to nurture entrepreneurship, enhance market competitiveness, and drive sustainable industrial development. By fostering innovation and strategic partnerships, we are ensuring that Qatar remains an attractive and thriving destination for industrial and logistics investments. We reaffirm our commitment at Manateq to work alongside MOCI and all stakeholders to enhance Qatar’s industrial capacity and provide a more flexible and efficient investment environment for businesses and entrepreneurs to succeed and grow”.
The event featured high-level discussions, expert presentations, and interactive networking sessions, offering investors insights into the latest advancements and opportunities within Qatar’s industrial sector.
Attendees explored key themes such as Industry 4.0, digital transformation, sustainability, and the evolving industrial ecosystem, enabling businesses to capitalize on emerging trends and enhance their competitive edge.
