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Posted On: 13 November 2019 09:36 am
Updated On: 12 November 2020 02:05 pm

155 new plots are being made for the Small and Medium Enterprises Zone

Abdullah Amir
Abdullah Amir
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Ruwais Port

H.E. Minister of Commerce and Industry Ali bin Ahmed Al Kuwari announced the near completion of the construction works for the expansion of the Small and Medium Enterprises Zone, which will provide 155 new plots of land, aiming to encourage investment in the industrial sector and enhance the ability of industrial companies to develop national products that meet the needs of local markets and achieve self-sufficiency for the State of Qatar.

In a speech at the award ceremony of Qatar Entrepreneurship Award (Rowad Award 2019) on Tuesday, H.E. the Minister of Commerce and Industry said that the plots within the new expansion will be directed to sectors that constitute a qualitative addition to the existing industries in the country, in line with the objectives of the Second National Development Strategy 2018-2020.

H.E. the Minister praised the results achieved by the State of Qatar at various levels, which was the fruit of the vision and guidance of the wise leadership to support the private sector, especially the entrepreneurial sector which is the real engine of the economy in the country.

H.E. the Minister reviewed the most prominent results achieved by the State in various sectors, where it was ranked among the top 20 countries that implemented reforms related to ease of doing business for 2020, among 190 countries around the world, stressing that numerous international economic reports have proven the strength and balance of Qatar's economic policies in recent years, ranking first globally in the index of countries achieving record economic growth over the past 20 years with a compound annual growth rate of 10.5%.

He highlighted the facilities provided by the State of Qatar to entrepreneurs, including the procedures of registration of patents, the issuance of certificates of deposit and the preservation of rights, as well as enabling entrepreneurs to register their trademarks electronically in order to protect them from unfair competition.

The State has also set a specific time frame for the implementation of its national strategy for intellectual property, which aims to update legislation in line with the highest international standards in this field.

Meanwhile, H.E. the Minister of Commerce and Industry said that the Maritime Transport Sector in the Ministry aims at increasing the cargo coming to the ports for re-export by facilitating the procedures while maintaining the regulations and security rules, and attracting international companies working in this field.

In this context, he pointed out to the growth achieved by the State of Qatar in terms of port development. He referred to the Ruwais Port which has become an important port after it was once a limited inland port, adding that the second phase of Hamad Port development is underway.

He underlined that Hamad Port has the necessary components for these operations through the availability of modern devices that provide the speed and accuracy required in handling and other cargo operations, in addition to the presence of safe and huge storage areas for this task.

H.E. the Minister of Commerce and Industry underlined the keenness of the State of Qatar to optimize the use of digital technology to enhance the operational performance of government services geared to the business sector, and the launch of the first phase of the single-window services to accelerate the process of establishing companies in the country at any time and from anywhere in the world.

He noted that this phase includes the comprehensive establishment service for companies and factories, adding that it has been introduced gradually by adding more than 30 services related to the management of companies and factories in the first quarter of 2020.

Source: QNA
Image Credit: Mwani Qatar