Transportation market size in Qatar reaches $9.9bln

Transportation market size in Qatar reaches $9.9bln

Dubai: Qatar Chamber affirmed that Qatar's substantial investment in the transport sector is reflected in the $9.9 billion market, propelling the country to the second-best position in the region for logistics efficiency. Qatar Chamber board member and Chairman of the FIATA Qatar Eng. Ali bin Abdullatif Al Misned said that Qatar's strategic location in the heart of the Middle East grants it access to key markets.

With more than 2 billion people residing within 3000 kilometres of Qatar, the country benefits from easy access to Hamad International Airport and the globally acclaimed Hamad Port, strategically located near free zones in various fields. This was revealed at the 'Global Freight Summit 2023', recently held in Dubai under the theme 'Making the Future Supply Chain a Reality.' He also highlighted that Qatar's substantial investment in the transport sector is reflected in the $9.9 billion market, propelling the country to the second-best position in the region for logistics efficiency. Regarding the Hamad Port, he mentioned that it has established over 15 direct shipping lines, connecting it to 40 ports across three continents. Additionally, with an annual capacity of 7 million tons, the versatile facility handles 1 million tons of grain and accommodates the