Samsung C&T Construction Division (hereafter referred to as Samsung C&T) is set to accelerate infrastructure development in Qatar through a strategic partnership with the Qatar Free Zone Authority (QFZA).
On May 25, Samsung C&T announced that it has signed a Memorandum of Understanding (MoU) with QFZA at the Ras Bufontas Business Innovation Park in Doha, Qatar. The MoU outlines plans for joint investments and technological cooperation in sustainable infrastructure projects across Qatar.
QFZA is currently focused on developing three special economic zones near Hamad International Airport and port areas, aiming to build robust logistics, manufacturing, and technology infrastructure to foster long-term economic growth.
The signing ceremony was attended by key leaders, including Samsung C&T CEO and President Oh Se-chul, and QFZA CEO Sheikh Mohammed Al-Thani. The two organizations agreed to explore extensive collaboration on future sustainable infrastructure projects, such as solar power plants and data centers, and develop specific strategies for implementation.
QFZA will handle land provision, infrastructure development, permitting, and legal, regulatory, and incentive support. Samsung C&T will contribute its expertise in project investment, infrastructure execution, and operation, sharing technological know-how to advance the projects.
Sheikh Mohammed Al-Thani expressed strong optimism, stating, “This MoU marks a pivotal turning point in transforming Qatar into a global platform of sustainable innovation and advanced technology.” He also emphasized the long-term value the partnership can create across economic, social, and environmental sectors, and pledged to support the leadership of Samsung C&T and other global companies in shaping Qatar’s future industries.
Samsung C&T’s CEO Oh Se-chul also remarked, “We plan to actively participate in diverse projects related to green energy and digital infrastructure through our collaboration with QFZA, contributing to Qatar’s national vision.”
Currently, Samsung C&T is solidifying its presence in Qatar through major projects including an 875MW solar power plant, LNG terminals, and water desalination complexes. The new partnership aims to further expand the company’s involvement in various infrastructure endeavors, reinforcing its strategic commitment to the Qatar market.
