Over 21,000 new firms established after blockade: QC - The Peninsula Qatar

Over 21,000 new firms established after blockade: QC - The Peninsula Qatar:

Defying the impact of the ongoing siege, Qatar has emerged as an attractive destination for local as well as foreign investors. Since the beginning of the siege until the end of August 2018, over 21,000 new companies were established in Qatar, which is evident about the vibrant economic environment of the Qatari economy, noted a top official of Qatar Chamber, yesterday.

Sheikh Khalifa bin Jassim Al Thani, the Chairman of Qatar Chamber (QC), in an interview with QNA, stressed that this huge number of companies registered in that limited period confirms the attractive investment climate in Qatar which was not affected by the unjust siege imposed on the country.

The QC Chairman praised Qatar’s flexible and multifaceted economic strategy, which is in line with the Qatar National Vision 2030, making the country achieved significant economic development over the past years, he said, noting the growth of the oil and non-oil sectors, where the contribution of the private sector to the GDP has increased significantly, especially with support given by the wise leadership and the distinguished government to this sector.