The Investment Promotion Agency of Qatar (IPA Qatar) has entered into a partnership with Qatar Research Development and Innovation (QRDI) Council to accelerate the development of the RDI ecosystem and strengthen new opportunities for foreign investments in this strategic field.
According to the statement, the two organizations have pledged to leverage their experience and synergies to attract innovative businesses to Qatar and support their RDI activities as part of the national strategy to further grow the innovation and research ecosystem and boost the country’s international competitiveness.
This joint collaboration intends to give investors wider access to Qatar’s attractive RDI opportunities in a variety of sectors, as well as to accelerate the country’s transformation to a knowledge-based economy characterized by innovation, as outlined in Qatar National Vision 2030.
Further, IPA Qatar will work closely with QRDI Council to connect foreign businesses to relevant government agencies, local businesses, and knowledge institutions, as well as provide them access to research and development (R&D) opportunities across different sectors.
“Over the last few years, significant strides have been made to revolutionize the RDI sector in Qatar and deepen the ongoing cultivation of a vibrant innovation ecosystem. Backed by future-ready infrastructure, a conducive business environment, and an unwavering commitment to advancing research and innovation, Qatar is spearheading a new legacy in the region. We are pleased to embark on this collaboration with QRDI Council, and jointly boost the competitiveness of Qatar’s economy by leveraging the RDI landscape and to enable and support the attraction of foreign businesses in this field.”
Mr. Omar Ali Al-Ansari, secretary-general, QRDI Council said, “We look forward to supporting international, innovation-driven businesses in Qatar, helping to drive strategic connections with government agencies and large local entities that provide the testing grounds for piloting technologies for new products and services. We’re also committed to building important linkages between R&D-intensive businesses and our research and academic institutions so that private businesses can leverage the world-class infrastructure available in Qatar.”
“Our recently launched QRDI Portal is a testimony to the significant benefits that can be unlocked through greater collaboration. International companies can connect with entities in Qatar housing highly specialized facilities, equipment, and services to further develop their innovation and research activities,” Mr. Al-Ansari added.