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A Middle East Knowledge Economy Jill Felix Colton, Member Board of Governors AURP 21 st Annual Conference 26 October 2006
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Agenda Economic overviewEconomic overview Qatar Foundation Qatar Science & Technology Park
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Gulf States 30 million people, $500bn GDP Integrated under Gulf Cooperation Council –Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE Economic, regulatory, labour and security treaties 5% import duty from outside GCC; 0% internally All currencies pegged to US$ Qatar increasingly integrated with neighbors –New road link to Bahrain; gas pipe to UAE Four major airlines based in Gulf
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Middle East Economies Source: Building a Competitive Middle East Economies, Michael Porter, Harvard Business School, 2003 & Emerging Qatar 2005, Oxford Business Group
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Qatar: Investment and Growth Over the past decade Qatar has undertaken dramatic reforms and emerged as one of the world’s leading economies With the world’s third largest gas reserves, by 2012 it will be the world’s largest producer of LNG and GTL fuels Qatar is a model for human development, with deep investment in education and science It is a stable and secure country, with excellent international relations and a welcoming investment climate
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Qatar: Leadership Since 1995 Qatar has been lead by His Highness Sheikh Hamad Bin Khalifa Al- Thani, Emir of the State of Qatar Under his leadership, the government has implemented extensive economic and social reforms Her Highness Sheikha Mozah Bint Nasser Al-Missned, Wife of the Emir, has spearheaded development of Qatar’s education and scientific institutes She is Chairperson of Qatar Foundation, parent of Qatar Science & Technology Park, and home to leading international universities
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Qatar: Economy GDP grew by 21% in 2005 Five-year investment pipeline of $133 billion Heavy investment in oil & gas industry is spilling over into all sectors of the economy Major growth sectors: petroleum, industrial equipment, healthcare, utilities, construction, aviation Major events, eg. Asian Games Stimulation of private sector and small-medium companies Openness to foreign investment
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Qatar: Petroleum World’s third-largest reserves of natural gas By 2012 Qatar will be the world’s largest producer of liquefied natural gas (LNG) and gas-to-liquids (GTL) Investment pipeline in upstream and downstream projects is $70 billion Large-scale production projects involve participation of Qatar Petroleum Openness to foreign production partners and technology providers – most major oil companies are active in Qatar
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Qatar: Major Projects Qatar Airways – rapid expansion of fleet and routes New Doha International Airport – $7 bn, opening 2009 Oil, gas & petrochemicals – further LNG, GTL and downstream plants, and aluminium smelter Asian Games – 10,000 athletes, December 2006 Manufacturing and financial zones National body for ICT infrastructure development Telecoms – monopoly licence to end Healthcare – major expansion of hospitals and infrastructure New hotels and residential real-estate projects Qatar Foundation – education and research facilities
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Qatar: Society Very high standard of living - per capita GDP forecast to reach $45,000 in 2007 Islamic society in which Western practices co-exist 150,000 citizens and 600,000 expatriates English very widely spoken Prominent role of women Government elections planned Heavy investment in education, science and human development
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Qatar: Science & Education Qatar Foundation –Primary schooling through to post-graduate research –Five branch-campus universities in sciences and humanities –Western admission standards and degrees University of Qatar –Mass tertiary education since 1970s –Reform project to update administration and curricula College of the North Atlantic –Branch-campus of Canadian vocational training institute –Technical engineering, computing, business admin Government laboratories –Agriculture & water research; environment authority; food and health; standards and metrology
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Agenda Economic overview Qatar FoundationQatar Foundation Qatar Science & Technology Park
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Qatar Foundation Founded in 1995 by His Highness the Emir Sheikh Hamad bin Khalifa Al-Thani Chaired by Her Highness Sheikha Mozah Bint Nasser Al-Missned An independent, nonprofit organisation committed to the development of Qatar and its people
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Qatar Science & Technology Park, ’07 Home for international technology companies Incubator of start-up businesses Education City Al Shaqab stud, ‘08 Housing, ‘06 Hotel, ‘08 Commercial centre, ‘08 Golf course, ‘10 Sports centre, ‘08 QF HQ Schools Qatar Academy Bridge program The Learning Centre Virginia Commonwealth University Qatar Graphic, fashion and Interior Design Weill Cornell Medical College in Qatar Medical school Texas A&M University at Qatar Engineering (4 streams) Carnegie Mellon Qatar Computer science Business Georgetown University in Qatar Foreign service Convention centre, ‘10 Specialty Teaching Hospital, ’10 Treatment, teaching and research
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Agenda Economic overview Qatar Foundation Qatar Science & Technology ParkQatar Science & Technology Park
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Vision Qatar Science & Technology Park will be a recognised international hub for research and commercialization
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Objectives Promote applied research, technology development and commercialization in Qatar Grow and diversify Qatar’s economy through application of technology Accelerate formation and growth of start-up technology companies Create high-value employment opportunities, in particular for Qatar’s university graduates
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Governance International Board of Governors –Qatar Foundation –Qatar business community –International science park, business incubator & academic communities
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Management Managed by ANGLE Technology –International consulting, management and ventures firm, focused on commercializing technology and developing technology-based industry –Responsible for: Strategic planning Executive management International marketing Incubation services
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QSTP Provides Accommodation –fully serviced office and laboratory facilities –multi-occupancy from 45m 2 to 6000m 2 –single user buildings Services –business development and operational services –access to research, technical and marketing services Support –commercialization programs –links with universities, government and industry
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Emerging Technology Centre 12,000m 2 over 2 levels + podium leases from 45m 2 incubation focus cafes, shops, common facilities opens ‘07 Innovation & Technology Transfer Centre 1 1500m 2 x 2 stories x 4 wings leases of 500 – 6000 m 2 shell office and lab space opens ‘07 Innovation & Technology Transfer Centre 2 twin of ITTC 1 opens ‘07 National Data Centre “Tier 4” data centre IT services within and beyond EC independently managed opens ‘09 Phase 1 Site of 120ha, Phase 1 is 35ha controlled access and circulation underground parking building management
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Economic Development Management Technology Finance Innovation Awards Proof of Concept Fund Applied Research Centres New Enterprise Fund Technology Venture Fund Mentoring EntrepreneurshipWorkforce Development Qatar IP OfficePatent System & Laws Capital Raising Assistance Technology Movement Support for commercialization
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Entry Requirements QSTP will accommodate: Organisations whose predominant activity is –R&D –product or process development –technology-related training Start-up technology companies Specialist service providers to the above
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Target Themes Aircraft operations Environmental technology Gas & petrochemicals Healthcare Information & communication technology Water technology
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Target Organisations New Start Companies Existing Small Companies Applied Research Centres Multinational Companies
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unique Advantages Dedicated facilities and services for R&C Access to world-class research institutes Pro-business incentives and environment Commercially managed but not-for-profit Visibility and exposure to Qatar leadership Rapid growth of economy and industries Political stability and international relations
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Free Zone Benefits Easy establishment of company or branch 100% foreign ownership allowed Trade without local agent Sponsor expatriate employees No taxes Duty-free import and export Unrestricted repatriation of capital and profits
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Current Tenants Q-CERT
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Summary QSTP will make a significant contribution to the development of the knowledge economy in Qatar QSTP will: –lead activities specifically related to commercializing applied research and –support partners in the delivery of the “Research Enterprise” in Qatar
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Contact www.qstp.org.qa info@qstp.org.qa +974 492 7093 A world-class environment for technology development
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