Invest Qatar, Boeing sign MoU to drive aerospace industry growth| Gulf Times – Gulf Times

  • Date: 16-May-2024
  • Source: The site:gulf-times.com/
  • Sector:Technology
  • Country:Qatar
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Invest Qatar, Boeing sign MoU to drive aerospace industry growth| Gulf Times – Gulf Times



Invest Qatar CEO Sheikh Ali Alwaleed al-Thani and Kuljit Ghata-Aura, president of Boeing Middle East, Türkiye, Africa and Central Asia, shaking hands after the MoU signing ceremony.

The Investment Promotion Agency Qatar (Invest Qatar) and Boeing have signed a memorandum of understanding (MoU) at the ongoing Qatar Economic Forum to establish Boeing Aerospace Doha, a permanent legal entity in Qatar.The new Boeing hub will focus on strengthening the local aerospace sector through research and technology advancements, fostering innovation and support for start-ups, as well as driving and developing sustainable aviation.Additionally, the hub will build a local skilled workforce that can contribute to the sector’s long-term success. Boeing’s new entity will complement the work carried out through its existing Qatar branch companies, Boeing Qatar Inc and Boeing International Corporation.Invest Qatar CEO Sheikh Ali Alwaleed al-Thani said: “We are pleased to partner with Boeing to further deepen their footprint in Qatar. This collaboration underscores the wealth of opportunities Qatar offers to businesses, enabling them to pursue a sustainable growth journey. It is a testament to the country’s business-friendly environment, tailored to accommodate the evolving needs of investors, affirming Qatar’s standing as a unique business hub.”Kuljit Ghata-Aura, president of Boeing Middle East,