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QFZA-licensed companies grew to over 130 in 2020 despite pandemic

 11 May 2021 - 9:44 Lani Rose R Dizon | the Peninsula The Qatar Free Zones Authority (QFZA) has signed 39 new agreements and has brought the total number of companies in the Free Zones to more than 130 in 2020 despite the ongoing COVID-19 pandemic. “Despite all the challenges the business sector faced in 2020, QFZA kept its momentum rolling and was able to deliver on many successes,” the QFZA has said in a tweet. It added that the Free Zones also welcomed investors into the Business Innovation Park, while as many as 80 Light Industrial Units have also been constructed in the Free Zones last year. To date, the QFZA has attracted a plethora of world renowned companies including Google, DHL, and Volkswagen among others. Most recently, QFZA also announced that it will host Qatar’s first laptop manufacturing facility in Umm Alhoul free zone.

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