Tencent’s global gaming brand, Level Infinite, has signed a Memorandum of Understanding (MoU) with Invest Qatar, the country’s investment promotion agency, to collaboratively develop Qatar’s gaming sector. This strategic partnership aims to leverage Tencent’s industry expertise and resources alongside Invest Qatar’s local network to accelerate the growth of games technology and product development.
Under the agreement, Invest Qatar will facilitate Level Infinite’s market entry by connecting it with key stakeholders and promoting its initiatives. Both parties plan to jointly work on talent development programs to nurture skilled professionals and ensure sustainable growth in Qatar’s gaming ecosystem.
Qatar’s Vision to Become a Regional Games Hub
Invest Qatar CEO Ali Alwaleed Al-Thani expressed enthusiasm for the partnership, noting its alignment with Qatar National Vision 2030 and the country’s broader efforts to build a vibrant digital economy. “The gaming industry is a dynamic frontier for innovation, youth engagement, and economic diversification,” he said.
Al-Thani emphasized Qatar’s advantages including a tech-savvy young population, the world’s fastest mobile internet speeds, and a strategic location within a rapidly growing regional gaming market, positioning the nation to capitalize on these trends.
Commitment to Building a Thriving Gaming Ecosystem
Herman Zhao, Head of Emerging Markets Publishing at Tencent Games, highlighted the company’s dedication to fostering Qatar’s gaming community. “This partnership underscores our commitment to Qatar and working with local stakeholders to build a thriving gaming ecosystem,” Zhao said. “Together, we will create a vibrant and sustainable gaming and esports scene that benefits the local community.”
