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Qatar Chamber chairman hails Lusail as ‘city of the future’

Peter Alagos

Friday، 21 January 2022 06:41 PM

Lusail city, hailed as the country’s “city of the future,” is seen as a prime destination for both local and foreign investors owing to its state-of-the-art facilities and infrastructure, according to Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani.
Not only for its world-class amenities, Lusail city is also known to offer a wide range of investment opportunities and projects for businessmen, specifically along Lusail’s Commercial Boulevard, which will be the location of the chamber’s new headquarters, Sheikh Khalifa stated in Al Moltaqa, Qatar Chamber’s monthly economic magazine.
Sheikh Khalifa emphasised that the private sector will benefit from Qatar Chamber’s new Lusail headquarters as the establishment would be “properly equipped” to provide various services to businesses and companies in the country.


Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani

Qatar Chamber initially announced the location of its new headquarters during a signing ceremony held between Sheikh Khalifa and engineer Abdulla bin Hamad al-Attiyah, Qatari Diar CEO, on the sidelines of the opening of Cityscape Qatar 2021.
During the signing ceremony, Sheikh Khalifa lauded government efforts to shoulder the impact of Covid-19 on the country’s real estate market, which, according to him, managed to surpass the challenges of the pandemic.
According to Al Moltaqa, al-Attiyah “expressed his contentment for signing a purchase contract for Qatar Chamber's new headquarters in Lusail.” He added: “The chamber's shifting to Lusail is an important addition to the services provided by the city in line with Qatari Diar’s vision about Lusail to become the economic capital city of the country.”
As early as 2020, Qatar Chamber led a delegation that conducted a two-day field tour of the Lusail Commercial Boulevard project, which aims to promote investment opportunities for Qatari and foreign investors. Sheikh Khalifa led the delegation comprising Qatar Chamber senior officials, several board members, and other leading Qatari businessmen.
Under the city’s master plan, Lusail boasts of 19 designated districts that offer residential, entertainment, sports, medical and education, and corporate and commercial projects spread across strategic areas.
According to its website, Lusail city “will be home to more than 200,000 residents of its scenic surroundings, 170,000 professionals in its 19 districts, and 80,000 visitors to its entertainment, recreation and retail and hospitality facilities; a population of nearly 450,000 people.
“Each of Lusail’s districts features an array of residential, commercial, hospitality, and retail destinations, integrating communal living in a self-contained model, complete with schools, mosques, medical facilities, as well as sport, entertainment and shopping centres.”

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