Tencent’s Level Infinite and Invest Qatar sign MoU to boost the country's games industry

Tencent’s Level Infinite has penned a Memorandum of Understanding (MoU) with Invest Qatar to grow the games industry in the country. 

Under the MoU, Tencent and the investment agency will collaborate on joint initiatives and share global best practices, leveraging its industry expertise and resources.

Invest Qatar will support Level Infinite’s entry into the Qatari market by connecting it with key stakeholders and promoting its activities. 

Both parties will also collaborate on talent development initiatives to drive long-term growth in games technology and product development across the nation. 

Becoming a global games hub 

Invest Qatar said it aims to attract top global players and establish the country as a regional leader in digital entertainment.

“We are pleased to partner with Level Infinite in a collaboration that aligns with our ongoing efforts to foster a vibrant digital economy in line with Qatar National Vision 2030," said Invest Qatar CEO Ali Alwaleed Al-Thani. 

“The gaming industry represents a dynamic frontier for innovation, youth engagement and economic diversification. 

“With a tech-savvy young population, the world’s fastest mobile internet speeds and our strategic location within one of the fastest growing regions for gaming, Qatar is well-positioned to capitalise on this momentum." 

Tencent Games' head of emerging markets publishing Herman Zhao commented: “We are happy to partner with Invest Qatar. This partnership underscores our commitment to Qatar and working with local stakeholders to build a thriving gaming ecosystem. 

“Together, we will create a vibrant and sustainable gaming and esports scene that benefits the local community.