Qatar’s free zones entice international, native firms
14 Jun 2021 – 8:26
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Doha: The free zones run by Qatar Free Zones Authority (QFZA) are attracting massive variety of native and worldwide firms.
“To date, there are 120 firms with us in free zones working in numerous sectors akin to logistics, expertise and providers,” stated Enterprise Improvement Supervisor at QFZA, Hamad Al Mohannadi.
Chatting with Qatar TV, Al Mohannadi stated that new agreements have been signed with quite a few native firms working in well being sector and logistic service to hitch the free zone. He stated that QFZA was established to draw funding from Qatar and overseas.
“We’ve got two free zones — Umm Alhoul close to Hamad Port and Ras Bufontas close to Hamad Worldwide Airport specializing in three key sectors — logistic providers, applied sciences and light-weight and heavy industries,” stated Al Mohannadi.
Replying to a query concerning the manufacturing facility in Umm Alhoul Free Zone, he stated that the manufacturing facility was constructed by a partnership between iLife Digital, a number one electronics firm based mostly in Florida, US, and Prime Applied sciences, a subsidiary of Ali Bin Ali Holding.
“The manufacturing facility which is meant to start out manufacturing from August this yr will produce digital units, together with laptops, PCs, sensible watches and cellphones, amongst others,” stated Al Mohannadi.
He stated that the manufacturing facility is the primary of its type within the Center East will produce 350,000 models of digital units in a yr. “It’s anticipated to generate 160 job alternatives together with 140 with excessive expertise,” stated Al Mohannadi.
He stated that the merchandise will likely be equipped to native market and exported to worldwide markets in Center East and North Africa (MENA) area and different nations.
“Qatar is positioned in a strategic geographical location within the centre of Center East and connecting level for 3 continents,” stated Al Mohannadi.
He stated that the free zones present glorious international connectivity and infrastructures of worldwide commonplace which can assist in lowering the manufacturing value and attain to international markets.
Talking concerning the initiative of QFZA to carry international firms and buyers, he stated that that is primary goal of the authority.
“The efforts are being made by means of Qatar Chamber and in coordination with personal sector. The manufacturing facility in Umm Alhoul Free Zone is finest instance of partnership between native firm and international firm,” stated Al Mohannadi.
He stated that one other instance is the deal between Yutong (Chinese language firm) and Mowasalat for establishing electrical bus (e-buses) manufacturing plant in Umm Alhoul Free Zone for FIFA World Cup 2022 and past.
“The three way partnership between the French Gaussin Firm and Al Attiya Motors and Buying and selling Firm, was to assemble electrical autos and speed up the deployment of emission-free autos,” stated Al Mohannadi including that first cargo of the product was despatched to Q-Terminal of Hamad Port.
“We’re specializing in this sector along with the partnership of the personal firms with worldwide firms and to offer appropriate enterprise setting for them.”
He stated that the particular focus is on applied sciences that cowl all manufacturing sectors like electrical autos and challenge of Yutong which is utilizing sustainable vitality and people merchandise with excessive potential to export to worldwide markets.