(MENAFN- The Peninsula) The Peninsula
Doha: Qatar will take part in Hannover Fair 2019, in Germany, which is considered to be the world's largest industrial forum, and the leading trade fair for industrial technology.
The event will be held from April 1 to 5. The five-day fair, which is expected to attract 220,000 visitors, will feature more than 80 panels and discussion forums under the theme of 'Integrated Industry — Industrial Intelligence with the participation of more than 150 speakers and more than 6,500 exhibitors from around the world.
The Ministry of Commerce and Industry will represent Qatar in the fair through a 1,000 square-metre pavilion and bringing together a number of entities, including Qatar Chamber, Manateq, Qatar Free Zones Authority, the Supreme Committee for Delivery & Legacy, Qatar Railways Company (Qatar Rail), Qatar Development Bank and Qatar Science and Technology Park.
Also a number of private companies will participate in the event, like Qatar Industrial Manufacturing Company (QIMC), Ebn Sina Medical, Qatar Aluminium (Qatalum), Doha Cables, Bin Aman Plastic Industries and Qatar Steel.
The entities participating will showcase the country's leading initiatives, projects, services and products, as well as the investment opportunities and incentives that Qatar offers to encourage investors and businessmen to invest in various sectors across the country. Qatar pavilion will shed light on the nation's industries and the latest technological developments in the industrial sector in Qatar.
The event represents an important opportunity to exchange experiences and introduce Qatari companies and industries, as well as to facilitate investment partnerships between Qatari and international companies.
It also represents a unique opportunity to learn about the latest technological developments in the industrial sector around the world. During the fair, the Ministry will shed light on the advantages of the investment environment in Qatar, as well as the legislation established by the state to stimulate domestic and foreign investment, including the law regulating the investment of non-Qatari capital in economic activity. The Ministry will also showcase the key initiatives undertaken by the state to attract investment in the industrial sector and encourage the private sector to further invest in the local economy.
These include the exemption of foreign capital from income tax for up to ten years relating to specific investment projects across many sectors, in addition to exemptions from customs taxes and duties when importing equipment and raw materials.
The Ministry will showcase the services it provides to investors, such as the investment applications, companies establishment procedures and many other services.
This year's edition will focus on industrial automation, information technology, industrial supply, production engineering, services, energy and environmental technology.
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