Qatar calls on tenders submission for investment

Qatar calls on tenders submission for investment

Qatar looks for investment in tourism
Qatar looks for investment in tourism

The tender submission is still open for Qatar Tourism Investment Opportunities initiative launched by Qatar Development Bank (QDB) and Qatar Tourism Authority (QTA). The initiative is aimed at promoting six business opportunities such as luxury dhow dining cruise, luxury coach, 4×4 leasing company, mice and events DMC, ticketing and mobile information centers, SME cottage markets.

Abdulaziz bin Nasser Al Khalifa, CEO of QDB said: “These opportunities have been identified after studying the existing gaps in the tourism market and work to turn them into investment opportunities.”

As per authorities, the initiative falls is line with Qatar National Tourism Sector Strategy 2030 which plays a vital role in facilitating the objective of a sustainable tourism sector. QDB will offer qualified companies loans with low interest rates and long term financing, in addition to support from QTA in obtaining needed licenses, priority in participation in activities organized by QTA and enhance their presence through QTA ‘s website and social media platforms.

Gary Marshall
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Gary Marshall
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