Minister of Finance opens session on Qatar National Vision 2030 at Asia Leaders Conference

Hong Kong: Minister of Finance H E Ali bin Ahmed Al Kuwari opened a dedicated session on Qatar National Vision 2030, held as part of the Asia Leaders Conference organised by Goldman Sachs in Hong Kong. The event brought together an elite group of decision-makers, business leaders, and investors from across Asia and around the world.

In his opening remarks, H E the Minister of Finance reviewed the progress Qatar has made in implementing its National Vision 2030, emphasizing that the Vision serves as an ambitious national roadmap for building a diversified and sustainable economy based on knowledge and innovation.

He noted that the Qatari economy recorded strong growth in 2024, with GDP reaching $196bn, supported by the expansion of non-hydrocarbon sectors and an increase in foreign direct investment, which exceeded $2.7bn.

His Excellency affirmed that Asia remains a key strategic partner for Qatar, accounting for the largest share of the country’s trade, which exceeded $80bn annually. He indicated that this figure is expected to grow further in light of the ongoing North Field Expansion and the anticipated rise in liquefied natural gas (LNG) exports, as well as long-term partnerships secured with several Asian countries.

He also highlighted that the next phase of cooperation with Asia will focus on expanding trade opportunities, strengthening public-private partnerships, particularly in healthcare and tourism, and boosting investment in clean energy, digital technologies, and advanced industries.

In conclusion, Minister of Finance stressed that Qatar is moving forward with clarity, consistency, and confidence in delivering its national vision. He underscored that building international partnerships and fostering a competitive business environment are central pillars for achieving inclusive and sustainable economic growth, in a way that serves the interests of both Qatar and its partners across the region and the world.