Invest Qatar Starts $1 Billion Program to Encourage Foreign and Local Investment

Invest Qatar Starts $1 Billion Program to Encourage Foreign and Local Investment

Invest Qatar, the investment agency in Qatar, has started a $1 billion program to encourage foreign and local investors. This helps Qatar become a top place for business in the world.

Attracting Investment

A new program was announced at the Qatar Economic Forum. It offers special benefits to both local and foreign investors.

The program gives financial help covering up to 40% of local investment costs for five years. This includes expenses like starting a business, building, renting offices, buying equipment, and paying employees.

The program will start in steps and focus on important growing areas like advanced industries, logistics, IT, digital services, and financial services. These areas are part of Qatar’s Third National Development Strategy (NDS3).

Invest Qatar said the first step has four benefit packages. These packages help new investments, support the growth and digital upgrade of current businesses, create skilled jobs, share knowledge, and encourage innovation and technology.

To get these benefits, investors must meet clear rules. For example, they need to invest at least $6.8 million over five years, create jobs, and have experience in related fields.

Invest Qatar explained that this program is part of Qatar’s National Incentives Framework and helps make the business environment better.

Important Quote

“By meeting the needs of investors, these benefits will help grow the most active sectors, support private businesses, and make Qatar’s economy stronger and more competitive,” said Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar.

Big Number

In 2024, Qatar received $2.74 billion from foreign investors through 241 projects. These projects created 9,348 jobs.

Qatar’s Economic Growth

Qatar’s economy is expected to grow by about 2% in 2024 and 2025. In the medium term, growth should average around 4.75%, according to the International Monetary Fund (IMF).

This growth is helped by public spending, ongoing natural gas projects, and strong tourism.

In February, JP Morgan said Qatar is now a developed market. They will remove Qatar from their Emerging-Markets Bond Index over six months, starting from March 31.

Published: 23th May 2025

For more article like this please follow our social media Facebook, Linkedin & Instagram

Also Read:

kuwait’s Warba Bank completes $250M Tier 1 Sukuk issuance
ADNOC Signs \$1.6B Deals to Boost UAE Local Factories
Lunate & Brookfield Form \$1B Housing Market JV