The State of Qatar participated in the official opening ceremony of the Hannover International Industrial Fair 2023, which was inaugurated by His Excellency Mr. Olaf Scholz, Chancellor of the friendly Federal Republic of Germany, and His Excellency President Joko Widodo, President of the Republic of Indonesia, as the guest country for this year’s edition, which will last until April 21 in Hanover, Germany. The State of Qatar was represented at the ceremony by His Excellency Mr. Sultan bin Rashid Al Khater, Undersecretary of the Ministry of Commerce and Industry, who in turn inaugurated the State of Qatar’s pavilion at the exhibition. A statement by the Ministry of Commerce and Industry stated today that the State of Qatar is participating in this exhibition with a pavilion that extends over a total area of about 406 square meters, and includes a number of specialized agencies in the industrial field from both the government and private sectors, including the Ministry of Commerce and Industry, the Investment Promotion Agency, and the Free Zones Authority. Qatar Science and Technology Park, Qatar Financial Center, Qatar Chamber, in addition to a number of private companies. The Qatar Pavilion sheds light on the leading Qatari industries and the latest technologies and technological developments in the industrial sector in the country. The exhibition represents an important opportunity to exchange expertise and experiences, introduce Qatari companies and industries, open the way for creating distinguished partnerships between Qatari companies and international companies, enhance cooperation between them, and learn about the most prominent global experiences and technical development. experienced by the industrial sector. In turn, the Ministry of Commerce and Industry, during its participation in the exhibition, will review the advantages of the investment environment in the State of Qatar, as well as shed light on the laws and legislation that have been approved to stimulate domestic and foreign investment, including the law regulating the investment of non-Qatari capital in economic activity, and the law regulating partnership between the two government sectors. In addition to reviewing the incentives and advantages offered to investors, including the exemption of invested foreign capital from income tax for a period of up to ten years for specific investment projects in many sectors, in addition to exemption from customs taxes and fees when importing equipment and raw materials, in addition to Presenting the services that are provided to investors, which contribute to facilitating procedures related to investment applications, establishing companies and completing transactions. The ministry also sheds light on the investment opportunities available in the industrial sector, the determinants of Qatar’s national strategy for manufacturing industries, the goals it seeks to achieve by 2030, and growth prospects for the manufacturing sector. In the same context, the participating entities within the State of Qatar’s pavilion will review the most prominent initiatives provided by the state in order to attract and stimulate investments in the industrial sector and strengthen the state’s strategy to encourage the private sector and support investors to attract foreign capital, in addition to highlighting Qatari industries in various sectors. sectors, the latest technological developments, practical techniques and advanced equipment that have been reached in the industrial sector, as well as presenting available investment opportunities and clarifying the incentives offered and the privileges granted to investors, businessmen and entrepreneurs to invest in various industries, to open the way for them to participate effectively in the movement of domestic and foreign investment in the State of Qatar Contribute to the country’s economic development. In addition, the participating entities within the pavilion of the State of Qatar organize a number of workshops and specialized presentations, which are known as the most prominent distinguished projects and initiatives, in addition to the incentives, facilities and investment opportunities provided by the state to attract more foreign direct investments, especially in the industrial sector, as is done during workshops Work and presentations Exchange of information, expertise and experiences, in addition to discussing the most prominent issues related to the industry sector, as workshops and presentations are provided to visitors to the exhibition, specialists, representatives of the private sector and major international companies. The exhibition program includes a number of panel discussions that highlight a wide range of topics such as industrial automation, cloud technologies, digital infrastructure, digital platforms, robotics, information security technology, artificial intelligence, green hydrogen, energy efficiency, carbon dioxide neutral production, and environmental management. Digital energy, economy and other important axes.
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