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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Qatar will soon have its first state-of-the-art laptop manufacturing facility, the Qatar Free Zones Authority (QFZA) revealed yesterday.
The 2,500 square meter factory in Umm Alhoul Free Zone is being developed under a partnership between leading US electronic company iLife Digital and Prime Technologies, which is a subsidiary of Ali Bin Ali Holding.
According to QFZA, the facility will be used to create innovative iLife branded electronic devices such as laptops, PCs, smart watches and mobile phones, in addition to other items.
Production at the facility is expected to commence in August this year. Some 35,000 electronics are anticipated to be produced at the facility per year.