IPA Qatar seals major agreements with Siemens and Emerson at Qatar Economic Forum 2023

IPA Qatar seals major agreements with Siemens and Emerson at Qatar Economic Forum 2023

Doha – Qatar: The Investment Promotion Agency Qatar (IPA Qatar) announced the signing of new Memorandums of Understanding (MoUs) with two international companies, Siemens and Emerson, today on the sidelines of the Qatar Economic Forum, Powered by Bloomberg. The new partnerships will play a role in facilitating the establishment of a centre of excellence in Lusail City, adding significant value to Qatar’s talent ecosystem and leadership in technological and software design.

Cementing Qatar's global profile as a thriving and supportive global business hub, IPA Qatar remains committed to expanding its strategic collaborations with international companies, further enabling them to deepen their footprint in Qatar, access lucrative opportunities across diverse sectors, and drive economic diversification.

IPA Qatar’s partnership with Siemens establishes the foundation for collaboration in the development of sustainable infrastructure projects in Qatar, leveraging Siemens' expertise in infrastructure, industry and mobility. The collaboration aims to strengthen cooperation in key sectors, such as vertical farming, smart cities, and transportation. According to the agreement, Siemens is committed to fostering local talent and plans to increase its workforce to exceed 300 full time employees. This will facilitate knowledge transfer and create new opportunities, contributing to the growth and development of Qatar's workforce.

The MoU with Emerson