DOHA: Qatar Tourism Authority (QTA) and Qatar Development Bank (QDB) will unveil next week tourism investment opportunities for businesses and the private sector in line with the country’s Tourism Strategy.
On March 2, an event will be held to provide entrepreneurs and business leaders in Qatar details of six investment opportunities, each of which is intended to be developed by a private sector partner with support from QTA and QDB.
The six projects will be the first phase of a series of investment opportunities and relate to dhow cruises; luxury coaches; 4x4 leasing; cottage market; Meetings, Incentives, Conferences, Exhibitions (MICE) Destination Management Company (DMC); and integrated ticketing and mobile information centres. A procurement process will begin following the Qatar tourism Investment Opportunities event to select a suitable developer for each project.
“Tourism is a growing pillar of the expanding Qatari economy, driven by the fact that Qatar is one of the fastest developing leisure and business tourism markets in the world today. QTA is leading the maturation and development of a sustainable tourism sector, which includes increased private sector involvement via its high-impact programmes. The Qatar tourism Investment Opportunities event in partnership with QDB is an initiative to showcase to potential private sector investors — entrepreneurs, SMEs and corporations — the potential this rapidly growing sector offers, and the incentive available to participate in its growth,” said QTA Chairman Issa bin Mohammed
Al Mohannadi.
The Peninsula
