Qatar's industrial vision

Energy revenues have helped laying a solid economic foundation in Qatar. Realizing this The State of Qatar is committed to provide adequate pro investment climate measuring up to the expectations of private national and foreign industrial investments. In an effort to establish a solid national industrial base apart from oil revenues, as the sole source of income, and import of industrial products, the state has adopted an ambitious income diversification policy.

The development of industry and encouragement of investments are two major levers towards the optimum utilization of natural resources given the fact that industrialization plays a key role in overall economic development as it is capable of creating better chances for the country’s integration with the international economic system through injecting more national and foreign investments into the industrial sector.

Similar attention has been given to the national private sector investments and increasing its stakes in industrial investments which represent some of the basic principles of industrial development and investment, while expanding privatization processes, namely in the industrial sector. This would have positive impact on industrial development of and investment, diversification of the production structure, and achieving balanced and stable growth rates.

 The Ministry of Energy and Industry hopes to secure the country’s prosperity through the establishment of ultra-modern infrastructures capable of servicing and responding to the country’s changing needs and future challenges.