Qatar targets 3.4% non-hydrocarbon GDP growth, $100bn FDI by 2030

DOHA: Prime Minister and Minister of Foreign Affairs H E Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani inaugurated the Ministry of Commerce and...

DOHA: Prime Minister and Minister of Foreign Affairs H E Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani inaugurated the Ministry of Commerce and Industry Strategy and Qatar National Manufacturing Strategy 2024-2030, under the theme ‘Achieving sustainable economic growth’ at QNCC yesterday.

The two strategies aim to support the Qatar National Vision 2030 by fostering sustainable economic growth, diversifying priority economic sectors, and increasing the private sector’s contribution to GDP. They also focus on enhancing the manufacturing sector and strengthening Qatar’s regional and global economic competitiveness. The event was attended by a number of Their Excellencies the Ministers, senior officials, and representatives from the government and private sectors.

Delivering the opening speech during the event, Minister of Commerce and Industry (MoCI) H E Sheikh Faisal bin Thani bin Faisal Al Thani highlighted the Ministry’s strategies which focus on enhancing and developing the commercial, investment and industrial sectors.

Minister of Commerce and Industry said, “The launch of MoCI’s new strategy marks a significant step toward realising the objectives of Qatar’s Third National Development Strategy. This initiative aligns with Qatar National Vision 2030, focusing on achieving sustainable economic growth.”