A diversified economy
The blockade has served to accelerate reforms to make the
economy even more open to foreign investment. New laws
to make foreign investment easier included:
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The “Own Your Own Factory in 72 Hours” project
was launched to fast-track the establishment of more
manufacturing companies and factories in Qatar.
HH the Amir issued Decree Law No 21 of 2017,
amending previous laws regarding Investment Free
Zones. The Investment Free Zones aim to promote
and accelerate the development of economic
investment and maximise the benefits to Qatari and
foreign investors.
The State of Qatar also adopted a package of investment
decisions and incentives that contributed to the
development and stimulation of the business environment
including:
• Launching a one-stop services for investors, which
means facilitating all procedures for foreign investors
and providing support in all stages of investment.
• Identifying and facilitating the procedures and
conditions of building licenses for business centres.
• Facilitating the conditions, controls and procedures
for granting licenses to conduct business.
• Granting concessions to international investors
wishing to invest in the State of Qatar. It provided an
opportunity for non-Qatari investors to invest a 49%
to 100% stake in projects in specific economic fields.