The Qatar Free Zones Authority (QFZA) and Alfardan Automotive, a subsidiary of Qatar-based Alfardan Group, one of the leading local and regional conglomerates, signed a strategic agreement to establish a regional logistical hub for vehicles, means of transport, and spare parts among many others at the QFZ.
This is an addition to the many partnerships QFZA has developed with leading private sector entities in Qatar, and also marks the beginning of a close collaboration between QFZA and Alfardan Automotive, paving the way for the future joint projects in the free zones.
The signing ceremony was attended by His Excellency Ahmad Al Sayed, the Minister of State and Chairman of QFZA, and Mr. Omar Hussain Alfardan, President and CEO of Alfardan Group and several senior officials from both entities.
Alfardan Automotive’s regional center will be located in the mobility industries cluster in Umm Al Houl Free Zone, located near Hamad Port, a greenfield mega port, enhancing trade and increasing the volume of goods passing through it.
The center will cover an area of more than 67,000 square meters and will utilize the latest logistics systems and processes to import vehicles, heavy equipment, motorcycles, and spare parts to meet markets demand, as well as develop human capital.
“We welcome our partnership with the leading Alfardan Group and the establishment of a regional hub for vehicles in the free zones. This partnership will enable us to further support our national champions who have enormous potential to support the supply chain. We are keen to enable local companies and their global partners to benefit from our offerings to achieve the mutual goal of bolstering Qatar’s position as a global and regional hub for trade.”
Mr. Alfardan said that “This logistical hub offers a qualitatively elevated level of logistical services, which will play an important role in upgrading the relevant trading sectors, more specifically the automotive one. The partnership embodies the true spirit of a collaboration between QFZA and Alfardan Group, which is expressed in their genuine desire to develop the various economic sectors in the country through providing a world-class level of services.”
The mobility industries cluster in QFZ has a community of leaders and innovators in the sector, including Gaussin Advanced Mobility, Zoomcar, ABB E-Mobility, Volkswagen and other international companies. QFZA expects more local and international companies from the industry to join them.
QFZA has created specialized clusters within the zones for specific sectors, including maritime, logistics and new technology, allowing companies in those industries to grow by providing advanced infrastructure and facilities. The growing mobility industries cluster represents a special addition to these clusters, providing the free zones with an integrated ecosystem that supports Qatar’s economic development.