|09 September, 2019

Minister of State and Chairman of QFZA meets with provincial leaders of Shanxi and Fujian Provinces

Teaser: On the sidelines of his and a Qatari Delegation's participation at CIFIT 2019 in China

H.E. Ahmad bin Mohammed A-Sayed, Minister of State and Chairman of QFZA, headed an official Qatari delegation participating in the China International Fair for Investment and Trade (CIFIT) 2019, which kicked off today in the city of Xiamen, Fujian Province in South-Eastern China.

The delegation includes representatives from the Ministry of Foreign Affairs (MOFA), Ministry of Commerce and Industry (MOCI), Qatar Free Zones Authority (QFZA) and Qatar Central Bank (QCB). Qatar Chamber (QCCI) is also part of the delegation and is representing the private sector, which plays an essential role in bolstering the national economy, and aims to create global partnerships with Chinese companies during the fair.

His Excellency Minister of State and Chairman of QFZA, together with other members of the delegation held high-level meetings with a number of provincial State Governors of Shanxi and Fujian Provinces and Xiamen City on the sidelines of the fair. His Excellency, accompanied by members of the delegation, met with Mr. Liu Shang-Ch'ing, Governor of Shanxi Province, as well as with Mr. Tang Dengjie, Governor of Fujian Province, and Ms. Ni Zhao, Member of Standing Committee of Political Bureau of CPC Central Committee, General Administration Manager of Xiamen Area of China (Fujian) Pilot Free Trade Zone.

Meanwhile, QFZA representatives met with a group of leading Chinese technology companies to explore investment opportunities in Qatar and the free zones, in addition to bilateral meetings held by members of the Qatari delegation with a number of Chinese companies from various sectors.

In the coming days, QFZA will organize the Qatari-Chinese Free Zones Forum, which sees the participation of members of the Qatari delegation alongside representatives from a number of Chinese companies operating in technology, import and export, e-commerce, chemicals and industry, and other key sectors. QFZA will sign a number of memorandums of understanding during the forum.

QFZA recently announced it has attracted and approved investments totaling more than 1 billion QAR (more than $300 million) from a range of major international and local companies as well as joint ventures, all in six months before the official launch of the zones. Investors from Qatar and abroad can apply to invest and register in the free zones through QFZA.

-Ends-

About Qatar Free Zones Authority (QFZA) 

Qatar Free Zones Authority (QFZA) was established 2018 to oversee and regulate world-class free zones in Qatar and to secure fixed investments within the zones. QFZA offers outstanding opportunities and benefits for businesses seeking to establish operations and expand regionally and globally, providing quality infrastructure, a skilled workforce, 100% foreign ownership, access to investment funds, tax exemptions and partnership opportunities with Qatari entities.

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases