MoCI announces investment opportunities to develop beach resorts in Qatar

19/01/21

The Ministry of Commerce & Industry (MoCI) has announced investment opportunities for the private sector to develop three beach resorts in Fuwairit, Ben Ghanem and Ras Abrouq.

The joint initiative, a cooperation between the MoCI and the Qatar National Tourism Council (QNTC), is the first of its kind and falls within the public-private partnership (PPP) framework based on Law No 12 of 2020. It is a key part of the mandate to diversify the economy by advancing and enhancing the country`s tourism sector.

This framework allows the government to preserve the resources of the state and to facilitate the collaboration and cooperation with the private sector. In fact, it allows both, the public and private sector, to play key roles as vital partners in shaping the future.

The QNTC works closely with its partners to create offerings that provide unrivalled experiences to visitors, residents and citizens alike. A key part of the strategy is to expand and extend the attractions including dining, shopping, art, culture, sports and nature.

The consolidation of economic diversification and the contribution from non-oil sectors to the economy and especially the development of Qatar`s tourism industry into one of the regions most important destinations for tourists is a main part of the Qatar National Vision 2030 (QNV 2030).

Please click on the link and reach out to learn more about the latest developments in Fuwairit, Ben Ghanem and Ras Abrouq as well as other investment opportunities and possibilities in the State of Qatar and Business Start Up Qatar.