In order to attempt local products in domestic and international markets, Qatar Chamber (QC) is looking to organise a bigger ‘Made in Qatar’ exhibition in Doha this year.
QC Chairman Sheikh Khalifa bin Jassim al Thani said the four day event in December will see the participation of more than 300 local companies.
Companies representing various economic sectors including heavy industries and small and medium sector enterprises (SMEs) will showcase their products during the exhibition, Sheikh Khalifa said.
The chamber will arrange meetings between state officials and business owners on the sidelines of the exhibition, he said, adding that challenges and obstacles facing industrial sector would be addressed during such meetings.
The foreign trade offices have also been invited to take part in the exhibition to educate them about Qatari laws and forge partnerships with local companies.
The presence of foreign representatives, he said, will open new global markets for local products.”Qatar Chamber’s interest in holding this national exhibition is basically based on pillars of the Qatar National Vision 2030 which aims at diversifying income and reducing reliance on energy as a single source of income,” he said.
The event looks to promote local products in order to reduce the dependence on imports. The exhibition would provide local companies with great opportunity to exchange expertise with international counterparts.
“It will also review the investment opportunities in industrial sector and obstacles facing its development,” he said. This year’s edition of ‘Made in Qatar’ expo is of particular importance as it is being held amid the unjust siege imposed by Saudi-led bloc on Qatar, he said.
“These unfair actions made competent bodies in private and public sectors to join hands to beat the siege by enhancing expansion of industry and establishing new industrial projects that boost local products and achieve self-sufficiency,” he said.
Hailing the government’s support to boost private sector, he said,”The government has offered new incentives for investors such as reducing rents in logistic areas by half, facilitating finance and directing government bodies and ministries to buy 100 percent local products, along with other facilities that stimulated investment in industry.”
The incentives have increased the number of industrial institutions from 707 in 2016 to 728 in July this year with investments worth QR262 billion.
He expressed hope that the expo would go a long way in enhancing the contribution of local products in the country’s gross domestic product.