Qatar registers over $3bn FDI inflows: Commerce Minister – The Peninsula

Qatar registers over $3bn FDI inflows: Commerce Minister – The Peninsula

Doha: Qatar is witnessing a significant increase in foreign direct investments (FDI), with the country already recording more than $3bn of FDI inflows to the capital market from the beginning of the year, Minister of Commerce and Industry H E Sheikh Mohammed bin Hamad bin Qassim Al Thani said yesterday.

Addressing the session on ‘A New Era for Globalisation’ at the Qatar Economic Forum, Powered by Bloomberg, the Minister added that there will be a shift in investments in the region, with more projects attracting international investments.

“In terms of (global foreign direct) investments in 2021, over $1.8 trillion was recorded across the globe, which was 60 percent higher than in 2020. In Qatar, we attracted FDIs of around $1.8bn in 2021. And during this year, we are attracting more than $3bn already, only in capital market. This shows that we are confident as well as changing how we are seeing the world, and we are allocating the funds,” the Minister of Commerce and Industry said.

He added that investors on energy projects were also increasing, alluding to Qatar’s recent announcements of joint investments with leading international energy firms recently.

The Minister reiterated that Qatar values strengthening its trade relations with international partners.

“Previously, international