Qatar Free Zones Authority (QFZ) and the German Mittelstand GCC Office have signed a Memorandum of Understanding (MoU) to spur investments in key industry sectors and advance Qatars economic diversification agenda.
In a statement issued on Wednesday, QFZ announced that the pivotal partnership echoes a collective ambition to bridge the interests and expertise of German SMEs and entrepreneurs with attractive opportunities in Qatar' Free Zones, in alignment with Qatars strategic objectives of building a diversified, knowledge-based economy.
The MoU was signed by HE CEO of QFZ Sheikh Mohammed bin Hamad bin Faisal Al-Thani, and Vice Chairman and Board Member at the Mittelstand GCC Office Gordon Pelz in an official signing ceremony, held on the sidelines of QFZs participation in Web Summit Qatar 2025, convening senior officials and representatives from both sides.
The partnership establishes a dynamic framework for collaboration between the two entities to unite efforts in facilitating and expanding the presence of German SMEs and startups within QFZs diverse clusters. It will streamline their access to QFZs highly conducive operational environment and link them to tailored investment opportunities to set up and flourish in Qatars vibrant economic landscape.
As part of the MoU, QFZ and the Mittelstand GCC Office will work closely to advance mutual investment prospects through co-organized networking events, business roadshows, investor matchmaking sessions and an active exchange of market insights. The partnership will maintain a strong focus on QFZs priority sectors such as Industrial Services, Emerging Technologies, Logistics & Trading and Biomedical Sciences for which QFZ offers collaborative ecosystems and access to unparalleled resources to drive business efficiencies.
Commenting on the occasion, HE CEO of QFZ Sheikh Mohammed Bin Hamad Bin Faisal Al-Thani said: "Our partnership with the German Mittelstand GCC Office strengthens investment ties between Qatar and Germany, creating new opportunities for innovative German SMEs and entrepreneurs to leverage QFZs dynamic ecosystem. This collaboration will drive high-tech innovation, cultivate talent, and develop specialized expertise across key sectors, aligned with Qatars Third National Development Strategy and Qatar National Vision 2030."
Meanwhile, Vice Chairman and Board Member of the Mettelstand GCC Office Gordon Pelz, commented: "Germany and Qatar have a long history of successful economic cooperation built on our mutual vision to sustainable, innovation-driven economic growth. By establishing this strategic partnership with QFZ, we are thrilled to promote and further develop the historic relations between our two countries and explore new horizons for economic prosperity. As an entity dedicated to empowering German SMEs, we look forward to a fruitful long-term relationship with QFZ bridging German innovation with Qatars highly competitive and forward-looking business ecosystem."
QFZs partnership with the German Mittelstand GCC Office builds on its tireless commitment to attract and nurture promising global SMEs, startups and entrepreneurs, facilitating their establishment and growth in Qatar, and providing a fully-integrated and conducive environment to achieve their business aspirations.
Qatar
QFZ, Mittelstand GCC Office sign MoU to facilitate the establishment of German SMEs in Qatars Free Zones
