Investment in tourism a key pillar of economic diversification: Minister
The West Bay Waterfront and Safliya Island development project, the minister said, reflects Qatar's commitment to enhancing the investment environment and supporting vital economic sectors, including tourism, hospitality, and entertainment.
For his part, Eng Mohammed bin Abdulaziz Al Meer, president of the Public Works Authority, confirmed that the waterfront development project in the West Bay area and Al Safliya Island embodies a distinguished model of constructive cooperation between various government entities, and an effective partnership with the private sector, within the framework of Public-Private Partnership initiative adopted by the state.
He called on all national entities working in the building and construction sector to seize this important strategic opportunity and contribute effectively to the implementation of this ambitious project.
He affirmed that Ashghal plays a pivotal role in implementing tourism projects by providing integrated infrastructure that is in line with the objectives of tourism projects, while adhering to the highest standards of quality and sustainability, ensuring a balance between urban aesthetics, preserving the environment and natural resources of the country.
Sheikh Ali Alwaleed Al Thani, CEO of Invest Qatar, said: 'Invest Qatar is pleased to support the West Bay Waterfront and Al Safliya Island project, a transformative initiative that will attract significant investment and elevate Qatar's tourism infrastructure. This project is a testament to Qatar's commitment to creating a dynamic and diversified economy by fostering strategic partnerships with world-class developers to contribute to Qatar's growth. We believe this development will not only enhance the visitor experience but also create new opportunities for innovation and sustainable development in the hospitality and leisure sectors.'
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