Qatar has unveiled a $1 billion investment incentives initiative to strengthen its global business appeal and advance economic diversification. Spearheaded by Invest Qatar, the programme offers tailored financial support packages for both local and international investors.
The incentives cover up to 40% of eligible investment costs over five years—including startup expenses, construction, leases, equipment, and workforce-related spending.
Focused on priority sectors outlined in Qatar’s Third National Development Strategy (NDS3), the initiative supports advanced industries, logistics, IT and digital innovation, and financial services. Four ready-to-apply packages are being introduced in the first phase:
Advanced Industries: Encouraging value-added production in pharmaceuticals, chemicals, electronics, and automotive.
Logistics: Enhancing Qatar’s role as a global logistics and re-export hub.
Technology: Attracting investment in AI, cloud computing, data, and cybersecurity.
Lusail Financial Services: Strengthening Qatar’s fintech ecosystem and promoting office development in Lusail’s financial district.
The programme sets eligibility criteria, including a minimum investment of QAR 25 million over five years, job creation goals, and sector-specific experience.
In 2024 alone, Qatar attracted $2.74 billion in foreign direct investment through 241 projects, generating over 9,300 jobs. The incentives build upon Qatar’s broader reform strategy to foster a transparent, investor-friendly environment through regulatory improvements and digital transformation.
Source: Arabian Business
