QR50 million in new industrial sector investments in Q1 of 2025: MoCI

Doha, Qatar: The Ministry of Commerce and Industry (MoCI) announced that new investments in the industrial sector reached QAR 50 million during the fi...

Doha, Qatar: The Ministry of Commerce and Industry (MoCI) announced that new investments in the industrial sector reached QAR 50 million during the first quarter of this year.

The announcement came during the Ministry's first quarterly performance review meeting, chaired by Minister of Commerce and Industry, HE Sheikh Faisal bin Thani bin Faisal Al Thani, and attended by Minister of State for Foreign Trade, HE Dr. Ahmed bin Mohammed Al Sayed; Undersecretary of the Ministry, HE Mohammed bin Hassan Al Malki; and other senior officials.

In a statement issued today, the Ministry noted that the meeting reviewed and evaluated the Ministry's overall performance and progress in line with its approved strategic plans. 

Key achievements during the first quarter included the launch of a service allowing foreign investors to establish companies using only a passport, the simplification of environmental permit procedures for industrial facilities in cooperation with the Ministry of Environment and Climate Change, the integration of logistics activities into a single commercial registration in partnership with the Ministry of Transport, and the automatic issuance of tax cards upon the registration of new businesses. 

The Ministry also launched the "National Product" page on its website to promote fair competition and enhance the quality of local products. Additionally, the verification process for local factories eligible for benefits under the In-Country Value Plus (ICV+) policy has commenced.