A new, tenth-anniversary report just produced by the global publishing, research and consultancy firm Oxford Business Group (OBG) shines the spotlight on Qatar’s multi-billion-dollar infrastructure projects which are leading the country’s diversification efforts.
The Report: Qatar 2014 charts the major investment under way in marine, aviation, road and rail projects, as well as many others, in line with the country’s long-term development plan, Qatar National Vision 2030, which will help improve connectivity ahead of the 2022 FIFA World Cup. OBG’s new publication also looks in detail at the wave of new tourism developments in the pipeline which are set to reshape Doha’s landscape.
The Report: Qatar 2014 contains an extensive range of contributions from leading political, economic and business representatives, including the Emir of Qatar Sheikh Tamim bin Hamad Al Thani. Other personalities featured include the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed Al Thani, the Minister of Finance Ali Shareef Al Emadi and the Minister of Municipality and Urban Planning Sheikh Abdul Rahman bin Khalifa Al Thani.
The investment guide explores the key developments taking place in Qatar’s oil and gas sector, which include collaborative ventures with international partners aimed at expanding domestic output. It charts the country’s drive to further develop petrochemicals and downstream production, while also looking at its efforts to expand the research and development segment.
OBG’s new report also looks in detail at Qatar’s banking industry, providing coverage of the country’s bid to expand the Islamic sector, as new Sharia-compliant solutions are rolled out and the number of Sukuk issuances continues to rise. There is also coverage of the MSCI’s decision to upgrade Qatar from frontier to emerging market status, which, together with the prospect of new listings, is expected to generate further investor interest. OBG’s Regional Editor, Oliver Cornock, said that The Report: Qatar 2014 had noted a significant increase in tempo across several of the country’s major projects.
“While Qatar’s ambitious initiatives have led to challenges, such as bottlenecks and rising costs, the latest wave of activity will produce a trickledown effect across much of the economy,” he said. “Our tenth-anniversary publication maps out the many opportunities emerging across the sectors on the back of significant public investment and efforts to further enhance Qatar’s business climate, as the new leadership moves the country’s long-term vision forward,” he added.
Andrew Jeffreys, OBG’s CEO, added, “The Group’s research had also pinpointed the expansion under way in Qatar’s tourism industry, alongside the state’s key role in GCC development and collaboration.”
“The number of visitors from the Gulf is on the rise, while both internal and external GCC imports and exports have also increased,” he said. “Qatar’s drive to boost non-oil growth and encourage greater private sector involvement is a running theme throughout our latest report and will, I’m sure, generate significant interest among investors keen to participate in the country’s ambitious plans for the future,” he added.
The Report: Qatar 2014 marks the culmination of almost a year of field research by a team of analysts from OBG. The publication assesses trends and developments across the country, including macroeconomics, infrastructure, banking and other sectoral developments.
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