Joint Ventures
A need for certain specialized skills has been identified within Qatar's economy. While Qatar Foundation can procure services from outside the region to meet short-term needs, it believes that the future lies in building local expertise so that Qatar can achieve sustainability.
Qatar Foundation has therefore established a number of commercial joint ventures with global partners. Profits generated are shared by both parties, with Qatar Foundation's share being ploughed back into its core nonprofit activities.
- Fitch Qatar is a joint venture design company that creates brands and develops corporate identities for businesses and other organizations.
- Qatar MICE Development Institute (QMDI) is a joint venture with Singex Global to manage conferences, conventions, and other events.
- Qatar National Convention Centre (under construction) is expected to be inaugurated in 2011. It will provide convention facilities including a 2,300-seat auditorium.
- Vodafone Qatar the second mobile operator in Qatar launched March 2009.
- MEEZA is an IT service provider catering to businesses.
- Qatar Solar Technologies (QSTec) is building a production plant in Ras Laffan Industrial City that will produce an initial 4,000 metric tons of polysilicon every year.
- Bloomsbury Qatar Foundation Publishing publishes books in Arabic and English to promote literacy culture throughout the region.
- Bloomsbury Qatar Foundation Journals is an open access peer review academic publisher that will make research from the region available to the rest of the world.
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