Doha, September 29 (QNA) - Estithmar Holding and Al Bidda Industries & Services signed an MoU with Siemens to develop smart and sustainable solutions across key sectors.

In a statement on Monday, Estithmar Holding said the MoU seeks to promote innovation and support public-private partnership (PPP) projects, in line with Qatar's vision for sustainable development and economic diversification.

The key sectors covered by teh MoU includE healthcare, energy, services, hospitality, and contracting, as part of a broader strategy to support its international expansion.

The MoU was signed by CEO of Estithmar Holding, Juan Leon, representing both Estithmar Holding and Al Bidda Industries and Services Company, and CEO of Siemens in Qatar and CEO of Smart Infrastructure for the Middle East, Hakan Ozdemir.

Leon stated that this MoU marks an important milestone in Estithmar Holding's drive to advance innovation and sustainability.

Through their partnership with Siemens, they aim to create transformative opportunities that strengthen the economic ecosystem and support the long-term vision in international expansion.

Meanwhile, Ozdemir said that real progress is built through collaboration, shared ambition, and the power of partnership.

He noted that the partnership with Al Bidda Group and Estithmar is a launchpad to share Siemens Qatar's success stories with the region and beyond. (QNA)