Changing economic trends, shifting trade patterns, and worldwide demographic movements are influencing the supply chain, and we at QTerminals will ensure that Hamad Port is fully prepared to handle any supply chain changes. Our objective is to optimize capacity and maintain the highest service levels, thereby driving the expansion and diversification of trading partners for the benefit of Qatar’s economy and trade.
To support this expansion and diversification, QTerminals was awarded the concession for the design, development, and operations of Hamad Port’s Phase II (Container Terminal 2) in November 2018 by Qatar’s Ministry of Transport and Communications. The development of CT2 is well underway. QTerminals are also actively pursuing opportunities in ports and terminals outside of Qatar and will establish a portfolio of overseas assets over the next 3-5 years.
As a new port, Hamad Port has significant scope for growth and innovation and QTerminals, as the operator of Phase 1 and the developer of Phase 2, are in a unique position to assume the responsibility to establish and maintain stronger maritime trade and to stimulate economic growth locally, regionally, and internationally.
QTerminals is the culmination of many years of strong collaboration between Mwani Qatar and Milaha and reflects the vision of HH the Emir Sheikh Tamim bin Hamad Al-Thani, which emphasizes the importance of the private sector and economic diversification as key pillars of the national economy.