Doha: A panel discussion held on the second day of the Doha Legal Forum examined the theme "Qatar National Vision 2030: Future Prospects and Aligning Regulations to the Vision," along with new development projects in the country and prospects for foreign investment. Participants stressed the importance of strengthening Qatar's position as an attractive destination for both domestic and foreign investment.
According to Qatar News Agency, Assistant Secretary-General for Legislative Affairs at the General Secretariat of the Council of Ministers, Abdulaziz Mubarak Al Boainin, said investment-related legislation constitutes a core pillar in achieving economic diversification and boosting the national economy in line with Qatar National Vision 2030. He noted that the state is working to develop a competitive, multi-sector economy that ensures a high standard of living for current and future generations by encouraging innovation, supporting entrepreneurship, and developing priority sectors.
Al Boainin highlighted that implementation of the Vision is being carried out through the Third National Development Strategy, which aims to achieve sustainable economic growth at an annual rate of 4 percent, accelerate economic diversification through specialized clusters, enhance fiscal and environmental sustainability, develop a productive workforce, strengthen innovation, improve quality of life, and upgrade government institutional performance by 2030.
He noted that economic legislation serves as the main driver of any economic transformation, as it provides the legal frameworks needed to attract capital and direct it toward targeted sectors by creating a competitive and investor-friendly environment through laws aligned with global developments. Among these is Law No. (1) of 2019, which allows up to 100 percent foreign ownership in most sectors, alongside tax and customs incentives to steer investment toward priority sectors and accelerate their growth compared to the oil and gas sector.
He also underscored efforts to enhance investor confidence and legal certainty through clear dispute resolution mechanisms and protection of intellectual property rights, as well as the adoption of free zones and the Qatar Financial Centre as leading models for attracting companies and capital. These frameworks are supported by the Qatar International Court and clear regulatory mechanisms that provide a flexible and secure business environment.
Al Boainin further emphasized the role of Law No. (12) of 2020 on public-private partnerships in strengthening the private sector as a key driver of development through contractual frameworks that reduce the financial burden on the state and open new investment opportunities. He noted that these laws have contributed to the growth of the digital economy and attracted global companies in data and artificial intelligence.
He added that involving the private sector in drafting economic legislation ensures the effectiveness and sustainability of laws by bridging the gap between legal texts and practical realities through the participation of practitioners in identifying real challenges. This approach enhances ownership of legislation, accountability, and compliance, enables future-oriented and flexible legal frameworks, and improves legislative effectiveness through feedback from the private sector, providing investors with a predictable environment for long-term planning.
Al Boainin also said Qatar has achieved significant advances in a number of international rankings and indicators in 2025 and 2026. The country ranked among the world's top 10 in the 2025 Global Competitiveness Index issued by the International Institute for Management Development (IMD), placed 27th globally and second regionally in the Economic Freedom Index published by the Heritage Foundation, and was classified among the top 20 countries worldwide in digital competitiveness and innovation. Qatar also ranked 48th globally in the Global Innovation Index (GII) and sixth worldwide in the use of information and communications technology, reflecting its transformation into a secure and attractive environment for investment and capital, with a high level of legal and digital security that supports sustainable economic growth and the objectives of Qatar National Vision 2030.