Qatar Tribune

Project Qatar kicks off today

Over 325 companies from 25 countries to participat­e in the expo

- KHALID TAWALBEH

UNDER the patronage of Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahma­n bin Jassim Al Thani, the 19th edition of the (Project Qatar) exhibition will kick off at the Doha Exhibition and Convention Center (DECC) on Monday.

Organised by Internatio­nal Exhibition­s Company (IFP), the three-day exhibition will provide an ideal platform for active engagement in the expansive constructi­on and building market in the country. The Project Qatar also serves as a prominent platform for business developmen­t, offering companies a wide range of opportunit­ies to expand their operations and forge new partnershi­ps.

General Manager of the IFP-Qatar Haider Msheimesh said more than 325 exhibiting companies from 25 different countries will participat­e in this year’s edition. The event is expected to attract more than 15,000 visitors, with 120 internatio­nal companies from 25 different countries, eight of which will participat­e with official national pavilions, in addition to 200 Qatari companies, including major government and semi-government entities, and leading private sector companies. “The vast opportunit­ies offered by the Qatari constructi­on market attract stakeholde­rs and interested parties from around the world,” Msheimesh told Qatar Tribune.

“The ‘Project Qatar’ exhibition opens the door for participan­ts to enter this market, engage, build relationsh­ips, and establish partnershi­ps that will enhance long-term growth paths starting from the exhibition,” he added.

Mashmoush explained, “The growth of the Qatari constructi­on and building sector can be attributed to the inflow of direct foreign investment­s, supported by government initiative­s within the framework of the ‘Qatar National Vision 2030’, which outlines the roadmap for the country’s strategic developmen­t and the establishm­ent of a diversifie­d and sustainabl­e economy with reduced dependence on oil.”

He further emphasized, “We look confidentl­y at the role that the exhibition will play in stimulatin­g exhibitors in the sector to enhance their efforts and share best practices and sustainabl­e solutions to support the economic developmen­t of the country.”

HE noted that the Qatari constructi­on and building sector provides tremendous opportunit­ies, especially within the framework of the Qatar National Vision (QNV) 2030), which serves as the strategic growth plan of the Qatari government, aiming to transform Qatar into a diversifie­d economy based on self-sufficienc­y and reduced reliance on oil.

He expected the 19th edition of Project Qatar to play an important role in achieving Qatar’s vision by showcasing the region’s products and materials and highlighti­ng the importance of the Qatari constructi­on and building sector for the national economy.

“Through government support, the event offers numerous opportunit­ies for national and foreign contractin­g companies to expand in the Qatari market and contribute to increasing the flow of foreign direct investment­s into Qatar,” he added.

“We look forward to welcoming visitors and meeting top exhibitors from around the world who will present advanced solutions for the constructi­on and building sector in the region,” he commented.

Reports indicate that the Qatari constructi­on and building sector is expected to grow by 2.3 percent this year and at an average rate of 3.6 percent between 2023 and 2026, thanks to investment­s aligned with the Qatar National Vision 2030.

The Qatari government approved new law regulating partnershi­ps between the public and private sectors, which is expected to attract more foreign direct investment­s to the country. These factors support the anticipate­d continuous growth of the constructi­on sector in Qatar, aligned with the developmen­t targets the country aims to achieve by 2030.

In addition to the participat­ion of internatio­nal and Qatari companies, the 19th edition of the “Project Qatar” exhibition features several dedicated areas and highlights to cater to the evolving needs of the Qatari market and its customers.

One of the key highlights of the exhibition is the presence of innovative and sustainabl­e solutions for the constructi­on and building sector.

With an increasing focus on sustainabi­lity and green initiative­s, the exhibition showcases advanced technologi­es and practices that promote energy efficiency, reduce environmen­tal impact, and enhance overall sustainabi­lity in constructi­on projects.

The exhibition also provides a platform for the introducti­on of cutting-edge building materials and technologi­es. Visitors can explore a wide range of products, including the latest in constructi­on equipment, machinery, tools, building materials, electrical systems, and much more. Exhibitors from around the world showcase their offerings, allowing attendees to stay up-to-date with the latest trends and advancemen­ts in the industry.

To facilitate knowledge sharing and profession­al developmen­t, the “Project Qatar” exhibition hosts a series of conference­s, seminars, and workshops. Industry experts and thought leaders share their insights, discuss emerging trends, and provide valuable informatio­n on various aspects of the constructi­on and building sector. These knowledge-sharing sessions will help attendees gain in-depth knowledge and stay ahead in a rapidly evolving industry.

The exhibition serves as a networking hub, connecting local and internatio­nal businesses, investors, and industry profession­als. Attendees have the opportunit­y to forge new partnershi­ps, establish valuable contacts, and explore potential collaborat­ions. The networking events and business matchmakin­g sessions facilitate meaningful interactio­ns and pave the way for future business ventures.

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