Page 43 - QBG
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Investment in Qatar
Qatar utilizes the revenues of its vast wealth of oil and gas in other sectors with a view to
expand the economic base and develop a strong private sector; and through its full and active
membership the World Trade Organization and flexible business regulations it works to
attract foreign investors to engage in other economic sectors besides oil and gas in the country.
achievements made by the Qatari economy in terms of overall economic variables.
Qatar provides many investment incentives including low electricity, water and gas rates;
nominal lease rate of only (5) Qatari Riyals per square meter per year for industrial land sites
for the first three years from site assignment and project operation, after which lease rate will
increase to (10) Qatari Riyals; exemption from import taxes on heavy duty machinery and their
spare parts and raw materials; exemption from import taxes; unlimited quantities of imported
materials; no restrictions on money exchange and transfer of profits abroad; and flexible
regulations and procedures to import skilled and unskilled workforce.

