Qatar’s foreign investment law could be a ‘game changer’ - The Peninsula Qatar

Qatar’s foreign investment law could be a ‘game changer’ - The Peninsula Qatar:

The draft-law on foreign investment which will allow non-Qatari businesses to have 100 per cent capital in companies in all sectors of the economy is set to be a “game changer” for the Qatari economy. The most awaited piece of law, which aims to boost FDI inflow, has already started evoking a huge response from the potential foreign investors.

Interviews and enquiries with several Doha-based businesses leaders, investors and experts representing different countries from Asia, Europe and North America suggest that investors are anxiously waiting to know more about the new law. Before finalising their investment decisions they are keen to understand the exact details of the draft-law after its final nod. 

The draft-law, which has already received Cabinet approval early this year, aims at accelerating economic development and industrial diversification as part of Qatar’s long-term vision.