Qatar logistics sector to exceed growth of neighbours
Qatar's logistics market is poised to outperform other GCC countries, according to Qatar's Investment Promotion Agency (IPA). With a projected value of QAR 34.6 trillion (USD 9.5 trillion) in 2021, the global supply chains, logistics, and warehousing sector holds promising prospects. Ranked second in logistical performance in the Middle East, Qatar offers a business-friendly environment and easy access to support systems and global connectivity through its free zones. Additionally, Qatar's advanced technological infrastructure and AI tools enhance logistics management. In exciting news, Qatari subsidiary Al Seeb Technical (SARCO) will establish an integrated logistics center in Oman with an initial investment of QAR 182 million (USD 50 million). The center will provide storage and distribution services across various sectors. For comprehensive business support, Business Start Up Qatar offers expertise in market research, feasibility studies, organizational structuring, sp