Qatar Chamber Official Applauds the Issuance of Ministerial Resolution No. 123 of 2024

Qatar Chamber Board Member Abdulrahman bin Abdullah al-Ansari praised the issuance of Ministerial Resolution No. (123) of 2024, which reduces the value of land leases in the ministry’s industrial zone. Al-Ansari, who is also the chairman of the chamber’s Industry Committee, said The times of the Persian Gulf in an interview that the ministerial resolution will have a positive impact on various sectors across the country. Earlier, HE Minister of Municipality Abdullah bin Hamad bin Abdullah al-Attiyah issued the resolution aimed at supporting the growth of the national economy, strengthening the role of the private sector in diversifying the economy and contributing to supporting the development process that the country is witnessing. Al-Ansari also expressed optimism that the development will drive growth in Qatar’s industrial sector, as well as stimulate the creation and export of products marked with the “Made in Qatar” trademark. “There is no doubt that this decision will help a lot and its impact will also be positively reflected in the cost of products and services, as well as in other sectors such as logistics and manufacturing.” These are important decisions that will reflect the costs… it is a chain. If it costs me less, I will be able to provide better services at a lower cost,” al-Ansari explained, noting that the ministerial resolution was issued at the right time, citing the economic difficulties experienced around the world. Al-Ansari stressed that the Qatar Chamber is working with various government ministries and other bodies to ensure that the private sector plays its role in the development of the national economy. Emphasizing its role as a leader in the private sector, al-Ansari said that the Qatar Chamber has a wide range of committees on each business sector, including real estate, insurance, banking, industry, trade and transportation, among others. These committees discuss challenges in their sectors. They also prepare reports to the relevant government bodies. We hold regular consultations and meetings with various ministries, and the government reconsiders the issues raised based on our inputs,” al-Ansari noted. He added: “There are many changes and initiatives in the pipeline that will continue to support Qatar’s economic diversification initiatives. We are working day and night to turn these changes into reality.”