QFZA-Korean Workshop Leading Korean Investment Firms

Qatar Free Zones Authority (QFZA), an authority that regulates the free zones in Qatar, held a series of high-level meetings on the sidelines of His Highness Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar’s, trip to South Korea.

A senior delegation representing the QFZA met with prominent South Korean industrial entities for tours of their facilities. The tours were aimed at exploring future partnership opportunities for these firms as they look to expand their presence through the QFZA. Tours were conducted with FINETEK Co. Ltd., a developer and manufacturer of liquid crystal display (LCD) components; Aikang, a leading producer of piping and plumbing materials; and the Chungju Factory.

The meetings were followed by the Qatar Free Zones Authority-Korea Workshop, aimed at fostering and strengthening relations with prominent South Korean investment firms and business councils. The workshop was held in partnership between the QFZA and Korea Startups Association, Korea Business Council and Smart Industry Promotion Association (SIPA). Participants at the workshop included representatives from the COINTS Corporation, SIPA, Hyundae DL, Korea University-KUMED, Cellbig, K-Tech Global, Incheon University, Neonex Soft, NTT Co., Ltd and Daejin University.

The meetings were followed by the Qatar Free Zones Authority-Korea Workshop, aimed at fostering and strengthening relations with prominent South Korean investment firms and business councils. The workshop was held in partnership between the QFZA and Korea Startups Association, Korea Business Council and Smart Industry Promotion Association (SIPA). Participants at the workshop included representatives from the COINTS Corporation, SIPA, Hyundae DL, Korea University-KUMED, Cellbig, K-Tech Global, Incheon University, Neonex Soft, NTT Co., Ltd and Daejin University.

The Qatar Free Zones Authority – Korea Workshop was complemented by a special roundtable meeting and one-to-one sessions with leading South Korean companies exploring investment opportunities in Qatar. The one-to-one sessions were held with Dot Incorporation, a smart watch and devices company for the visually impaired; SW Co. Ltd., an automobile parts, medical devices and steel products manufacturer and Pan Ocean a marine services and offshore renewables company.

The Qatar Free Zones Authority – Korea Workshop was complemented by a special roundtable meeting and one-to-one sessions with leading South Korean companies exploring investment opportunities in Qatar. The one-to-one sessions were held with Dot Incorporation, a smart watch and devices company for the visually impaired; SW Co. Ltd., an automobile parts, medical devices and steel products manufacturer and Pan Ocean a marine services and offshore renewables company.

Commenting on the meetings Lim Meng Hui, Chief Executive Officer of the Qatar Free Zones Authority, said: “South Korea has been an important and strategic trade partner for Qatar. Through the QFZA-Korea Workshop and our meetings with prominent companies operating across a number of sectors we hope to have showcased Qatar’s unique investment proposition and ways that the QFZA can assist these entities in establishing and growing their presence across the Middle East, Africa, Asia and Europe. As a result of these meetings, we look forward to officially welcoming a South Korean delegation to visit Qatar in the near future to further understand the business opportunities available through the QFZA.”

Abdulla AlMisnad, Deputy Chief Executive Officer of the Qatar Free Zones Authority, further added: “Through these high-level meetings with leading South Korean industrial entities, investment firms and business councils we hope to raise awareness of partnership opportunities with the QFZA as these companies look for business opportunities in Qatar. These organizations play important roles in their respective cluster eco-systems and effectively support larger chaebols in the country. The QFZA provides the ideal platform for such entities in South Korea to expand and benefit from Qatar’s strategic geographic location, free trade policies and state-of-the-art infrastructure in order to drive growth.”

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