Tuesday, 13 August 2013

New Economic Zones to spur non-hydrocarbon growth in Qatar

New Economic Zones to spur non-hydrocarbon growth in Qatar:

"Qatar’s ongoing policy to diversify its economy into non-hydrocarbon sector is expected to get a huge boost with the opening of three proposed Economic Zones scheduled in 2016-2017. With a projected 7.6 percent growth in the non-oil sector for the current year, Qatar is already ranked as the country with highest growth rate in the real non-oil sector in the region.
The three economic zones coming up in various locations will be mainly dedicated to the start-ups, innovations and SMEs in the non-hydrocarbon sectors.
Covering an estimated four square kilometres Zone One, under development near the  Hamad International Airport, is expected to target companies that produce high-value technology and manufacturing, as well as regional and domestic logistics services. This zone will also be assigned to air freight, electronics, pharmaceutical industries and global warehouses. "

'via Blog this'

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