The Investment Promotion Agency Qatar (Invest Qatar) and Boeing have signed a Memorandum of Understanding (MoU) during the Qatar Economic Forum to establish a permanent legal entity, Boeing Aerospace Doha, in Qatar.
The new Boeing hub will focus on strengthening the local aerospace sector through research and technology advancements, fostering innovation and support for startups, as well as driving and developing sustainable aviation.
Additionally, the hub will build a local skilled workforce that can contribute to the sector’s long-term success. Boeing’s new entity will complement the work carried out through its existing Qatar branch companies, Boeing Qatar and Boeing International Corporation.
Sheikh Ali Alwaleed Al Thani CEO – Invest Qatar
“We are pleased to partner with Boeing, to further deepen their footprint in Qatar. This collaboration underscores the wealth of opportunities Qatar offers to businesses, enabling them to pursue a sustainable growth journey. It is a testament to the country’s business-friendly environment, tailored to accommodate the evolving needs of investors, affirming Qatar’s standing as a unique business hub.”
The long-term collaboration between Invest Qatar and Boeing will further magnify and expedite Boeing’s strategic efforts to contribute to Qatar’s economic diversification and competitiveness.
Kuljit Ghata-Aura, President of Boeing Middle East, Turkey, Africa, and Central Asia, said that, “We value the unwavering support from the Government and Invest Qatar in helping us pursue new opportunities in the country. This expanded collaboration will consolidate our position as the leading aerospace partner to Qatar, providing societal and economic benefits in line with Qatar’s third National Development Strategy and the Qatar National Vision 2030.”
