Qatar Free Zones and FedEx Logistics ink MoU for regional logistics hub

The Qatar Free Zones Authority (QFZ) and FedEx Logistics have signed a Memorandum of Understanding (MoU) to establish a regional logistics facility in Qatar’s free zones. This facility, operating under FedEx Trade Networks Transport & Brokerage, will be located at Ras Bufontas Free Zone and will feature a state-of-the-art logistics office. The MoU was signed by Sheikh Mohammed H. F. Al-Thani, CEO of QFZ, and Patrick Moebel, President and CEO of FedEx Logistics, during the Qatar Economic Forum. This signing followed a productive panel discussion titled ‘Connecting to the Shifting Global Supply Chain Network,’ which highlighted the collaboration between QFZ and FedEx Logistics.

The new facility will support the expansion of FedEx Logistics, seamlessly integrating into the FedEx global network and serving as a crucial gateway for international cargo transition between Asia and Europe. This strategic location in Ras Bufontas Free Zone, adjacent to Hamad International Airport and Qatar Airways, will enhance access to air transportation and freight, improve customs processing times, and provide opportunities for business growth in the region.

Sheikh Mohammed H. F. Al-Thani, CEO of QFZ, remarked, “The collaboration between QFZ and FedEx Logistics will accelerate the flow of goods and strengthen supply chains, benefiting economies globally. The FedEx Logistics investment in QFZ reflects our shared commitment to growth and innovation within the logistics sector. Leveraging the expertise and global network of FedEx will undoubtedly highlight Qatar as a preferred business destination.”

Patrick Moebel, President and CEO of FedEx Logistics, stated, “The regional facility in QFZ will enable us to better serve our customers not only in the region between Asia and Europe but also around the world. We are proud to collaborate with QFZ to establish a facility that allows FedEx Logistics to expand while continuing to deliver for our customers by helping them navigate global commerce with regional expertise.”

Kami Viswanathan, President of FedEx Express Middle East, Indian Subcontinent, and Africa, added, “With the establishment of the FedEx Logistics regional facility in Qatar’s Free Zones, we are enhancing our global network and reaffirming our commitment to Qatar’s burgeoning role in cross-border trade and supporting the growth of the state’s national economy. Together with QFZ, we are furthering our shared vision for innovation, efficiency, and growth in this dynamic market. We are excited to be at the forefront of this transformative journey and shaping the future of logistics in Qatar.”

This collaboration marks a significant milestone in reinforcing Qatar’s position as a key player in global logistics and supply chain management.