Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani on Tuesday reaffirmed Qatar’s ambition to build a diversified and prosperous economy rooted in knowledge and innovation.Embracing the technological revolution, the PM said, Qatar seeks to create an economy defined by flexibility, adaptability, and global competitiveness.Delivering the opening remarks at the fifth edition of the Qatar Economic Forum (QEF), Powered by Bloomberg, under the theme “The Road to 2030: Transforming the Global Economy”, the PM emphasised Qatar’s vision to become a beacon of technological advancement and a global hub for investment and business.This vision, he noted, is grounded in trust and reliability—principles that guide the country’s approach across energy, investment, and diplomacy.The prime minister highlighted ongoing efforts to translate this vision into reality by strategically diversifying foreign investments to enhance economic resilience and build a sustainable, long-term economic foundation.In this context, he pointed to the Qatar Investment Authority’s (QIA) continued pursuit of its long-term strategy through strategic global partnerships. This year alone, QIA has made substantial investments spanning the United States, Africa, and China that reflect strong confidence in the dynamism and future potential of global, especially emerging, markets.On the domestic front, the prime minister stated that Qatar’s economy maintained its positive trajectory in 2024, achieving real GDP growth of 2.4 percent and reaching a total output of QR713 billion.He attributed the growth primarily to robust expansion in non-oil sectors, which grew by 3.4 percent year-on-year—underscoring steady progress toward the goals outlined in Qatar’s Third National Development Strategy.He further highlighted that foreign direct investment (FDI) inflows are expected to reach QR 9.9 billion by the end of 2024, reflecting growing international confidence in the strength and resilience of the Qatari economy. To sustain this momentum, Qatar continues to enhance its legislative and administrative frameworks, making the business environment more efficient, transparent, and attractive to global investors.In line with these efforts, he announced the launch of the first package of investment incentives, aimed at investors and focused on strategic sectors such as advanced manufacturing, modern technology, and logistics services. He described the package as a significant step toward stimulating growth in key areas that will form the backbone of Qatar’s future economy.In addition to industrial expansion, the prime minister said, “This year witnessed the launch of the Simaisma Project, one of the largest entertainment projects in the region. It is also a major driver of the real estate and tourism sectors and an effective engine for integrated development.”In the realm of innovation and digital transformation, the prime minister stated that Qatar has firmly established itself as a rising hub for emerging technologies.He highlighted the successful hosting of the second edition of the Web Summit in Doha in February 2025, which drew over 25,000 participants from 124 countries. He noted that the event played a pivotal role in fostering meaningful connections between emerging technology ecosystems in Asia and Africa and major international corporations and sovereign wealth funds, further cementing Qatar’s position as a global platform for digital convergence. (ICE Doha)

Fonte notizia: QATAR TRIBUNE