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Qatar focus on encouraging local industries and SME's

Business Doha 17 Sep 20
Qatar focus on encouraging local industries and SME's
Qatar government is focusing on encouraging the growth of local industries and SMEs, says MoCI official.
Event Location
Qatar , Qatar
Start Time
17 September 2020, 12:00 AM
End Time
30 September 2020, 12:00 AM

“Qatar’s focus on encouraging the growth of local industries and small and medium-sized enterprises (SMEs), and increasing its contribution in the implementation and development of several economic projects has reflected positively on the industrial sector,” said Mohamed Hassan al-Malki, assistant undersecretary for Industry Affairs at Ministry of Commerce and Industry (MoCI).

He said this during the "Supporting Local Manufacturers Forum" which was organised by Public Works Authority (Ashghal), in collaboration with Qatar Chamber. The forum was held in the presence of HE the Minister of Commerce and Industry Ali bin Ahmed al-Kuwari, as well as Public Works Authority (Ashghal) president, Dr Eng Saad bin Ahmad al-Muhannadi, Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani, Qatar Development Bank (QDB) CEO Abdulaziz bin Nasser al-Khalifa, and other officials and local companies.

The forum was part of MoCI’s efforts to support local industries and enhance the competitiveness of local products on national, regional and international levels. It offered the opportunity for the private sector and local manufacturers to actively participate in government initiatives, especially Ashghal’s projects, which include the development of schools and health institutions, in addition to highways, infrastructure, sewerage and storm water drainage networks, treatment plants, and beautification projects.

In his speech, al-Malki said MoCI has worked with Ashghal in the preparation of the forum to determine targeted sectors, which include construction, minerals, chemicals, rubber, electrical equipment, machines, and transportation equipment.

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