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Satyendra Pathak
Initiatives taken by Qatar to emerge as the new regional logistics hub is bearing fruit as ports in the country have witnessed container volume rise by 2 percent to 1 million TEUs in the first nine months of the of 2019, organisers of Qatar Trade Summit said on Sunday.
Addressing a press conference to announce details of the first edition of Qatar Trade Summit beginning in Doha on Monday, Qatar Trade Summit Steering Committee Head Narendra Kumar said that despite challenges facing the global container shipping sector, Qatar has emerged as one of the bright spots in the region.
In line with 2030 Qatar National Vision, he said, the main objective of this high-level summit is to discuss ways and means for transforming Qatar into a vibrant regional hub by making Qatari ports the preferred choice for port users and to place the country on a global map in the logistics, supply chain, ports and cargo services.
To be participated by over 150 logistics experts and professionals from more than seven countries, the three-day summit will enable deliberations on the current developments in the country and will focus on the seamless growth of the shipping sector, port infrastructure and air cargo industry which will boost the industrial and economic sector in Qatar.
Qatar Trade Summit Media Officer Mahmoud al Mohmedi, who also addressed the media, said the summit is being organised at a time when Qatar is witnessing tremendous growth in logistics sector.
Despite the ongoing economic blockade, Mohmedi said, Qatar has stood resilient with the country’s economy expected to rise from the current 2.8 percent to 3.4 percent by 2021 on the back of developments achieved in logistics and service sector.
“Qatar has strategically and deftly handled the situation by improving trade relations with regional partners such as Turkey, Oman, Kuwait and India. This move puts the nation on a path of robust development in the transportation, supply chain and infrastructure sectors. Strengthening these sectors has become imperative for their continued growth,” he said.
This exclusive event, he said, will host national and international participants, key government stake holders, policy makers, regulatory authorities, port authorities, terminal operating companies, supply chain and logistics professionals, freight forwarders, air cargo companies, shipping line senior management, export managers, technology providers and a broad spectrum of trading partners on a single platform to discuss, benchmark and set a road map for Qatar’s economic growth and it’s sustenance as a regional trading leader.
In a statement issued on the occasion, Llyods List Container Editor James Baker said, “The Middle East’s strategic location on the midway point of China’s ambitious Belt and Road project has led to increased interest in container terminal developments in the region. Transported volumes are increasing and global carriers are adding more services to the region as demand rises.”
DHL Global Forwarding, Middle East and Africa CEO Amadou Diallo said, “I am personally convinced that Qatar will become a global technology, life sciences and healthcare logistics hub for time and temperature sensitive goods, thanks to its airports and logistics infrastructure. Qatar will become a global platform for ‘connecting people, improving lives.”
Some of the important issues to be discussed during the summit are ‘Impact of ports and shipping in regional economic progress’, ‘Air cargo sector and its in?uence on bridging regional markets and ‘Supply chain logistics and trends and future of logistics.
To be organised by Doha-based Apex training and conferences, the summit will also include a workshop entitled ‘Made in Qatar’ to explore the potential of bringing business to the region.
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