Published On 5/7/2026
The Ministry of Commerce and Industry and Qatar Energy signed a framework agreement to cooperate in establishing a joint governance mechanism to allocate hydrocarbon resources to industrial investment opportunities, in conjunction with the development of a new medium-sized industries zone in Mesaieed Industrial City, in a step aimed at enhancing the added value of the industrial sector and supporting economic diversification.
The agreement includes developing a joint framework to evaluate and allocate the necessary resources for qualified industrial projects, including natural gas, electric power, and other natural resources, with the aim of ensuring the optimal use of national resources and directing them towards industrial investments with the highest economic feasibility.
The agreement was signed by Saleh Majid Al-Khulaifi, Assistant Undersecretary for Industry Affairs and Business Development at the Ministry of Commerce and Industry, and Ahmed Saeed Al-Amoudi, Executive Vice President for Surface Facilities Development and Sustainability Affairs at Qatar Energy, in the presence of the Minister of Commerce and Industry Sheikh Faisal bin Thani bin Faisal Al Thani, and the Minister of State for Energy Affairs, Managing Director and CEO of Qatar Energy, Engineer Saad bin Sherida Al-Kaabi.
The Minister of Trade and Industry said that the agreement represents a strategic step to enhance the competitiveness of the industrial sector, by establishing a governance framework that ensures that national resources are directed towards value-added industrial projects, thus contributing to attracting qualitative investments and achieving sustainable industrial growth.
He added that the Ministry will lead efforts to attract investors, identify industrial opportunities, and coordinate the investment system, while Qatar Energy will provide technical and commercial expertise related to resource evaluation and allocation, in a way that supports the goals of economic diversification and the Qatar National Vision 2030.
For his part, Engineer Saad bin Sharida Al Kaabi said that the agreement will support the expansion project being developed in Mesaieed Industrial City to accommodate more medium-sized industries, explaining that Qatar Energy has pledged to supply the new area with quantities of natural gas equivalent to those previously allocated to small and medium industries in the Doha Industrial Area.
Under the agreement, the two sides will form a joint work team to supervise the allocation of hydrocarbon resources to qualified industrial projects, with the participation of relevant government agencies, including the Ministry of Finance, the Qatar General Electricity and Water Corporation “Kahramaa”, the Qatar Investment Authority, the Free Zones Authority, the Ministry of Environment and Climate Change, and Qatar Development Bank, in a way that enhances coordination in evaluating investment opportunities and providing the necessary resources for them.
The Ministry of Commerce and Industry will assess investors’ needs, identify industrial opportunities, and coordinate the investment environment, while Qatar Energy will provide technical and commercial support related to resource evaluation and allocation mechanisms, in a way that enhances the efficient use of national resources and supports the growth of the industrial sector.
