LNG expansion and 2022 FIFA World Cup legacy plans explored

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Doha: Qatar’s efforts to leverage its abundant purely natural gasoline assets and its position as host of the 2022 FIFA Entire world Cup to produce a diversified, awareness-dependent financial system are mapped out in a new report just manufactured by the worldwide exploration and advisory firm Oxford Business Group (OBG).

The Report: Qatar 2022 explores the country’s designs to cement its posture as a chief in the global vitality current market the North Subject Expansion venture, which will enhance liquefied natural fuel (LNG) production to 126m tonnes for each calendar year by 2027.

It also gives detailed protection of Qatar’s main infrastructure initiatives, which includes all those rolled out for the 2022 FIFA Environment Cup, which can take put in November and December, alongside other people prepared as part of the Vision 2030 roadmap.

The eco-pleasant community transportation procedure that has been created as element of broader targets to make the 2022 FIFA Environment Cup the to start with carbon-neutral edition of the match and realize sustainable growth objectives is a essential aim.

Even though the sporting function provides with it the guarantee of an inflow of website visitors in the direction of the stop of the 12 months, Qatar’s tourism business has also witnessed other gains, and the report tracks the rise in Gulf customer numbers as the pandemic and regional tensions subside. It also examines the favourable outlook for the cruise section, with a comprehensive plan of dockings pointing to a potent general performance for 2022.

In addition, OBG’s evaluation charts the country’s progress in establishing its agriculture and food stuff generation industries considering that 2017, which served to strengthen self-sufficiency and reinforce Qatar’s economic effectiveness for the duration of the pandemic, even though also opening doors for further investment.

The Report: Qatar 2022 is made up of a contribution from HH Sheikh Tamim bin Hamad Al Thani, Amir of the Point out of Qatar, collectively with a comprehensive sector-by-sector guideline for buyers.

It also options interviews with a wide range of large-profile personalities, such as: Sheikh Mohammed bin Hamad bin Qassim Al Thani, Minister of Commerce and Market Sheikh Khalifa bin Jassim bin Mohammed Al Thani, Chairman, Qatar Chamber Ahmad Al Sayed, Minister of Point out and Chairman, Qatar Free of charge Zones Authority Sheikh Ali Al Waleed Al Thani, CEO, Investment Promotion Company and Nasser Al Khater, CEO, 2022 FIFA World Cup Qatar.

Commenting right after the start, Oliver Cornock, OBG’s Editor-in-Main, stated that Qatar had moved to create by itself as a regional economic, political and cultural powerhouse around the a long time, with the approaching 2022 FIFA Planet Cup set to additional elevate its standing on the intercontinental stage.

“Qatar has crafted up a significant portfolio of investment overseas, when also rolling out a important pipeline of domestic infrastructure tasks, which have been vital in advancing its bid to diversify the countrywide economic system,” he claimed. “Our report exhibits that legacy options are by now taking form for the match stadia and other associated tasks, which align with Qatar’s generate to put sustainability, innovation and cultural id at the heart of its broader financial development.” 

Jana Treeck, Running Director, Middle East, said that solid fundamentals had paved the way for a sound recovery from the disruption of the pandemic, when also supporting Qatar’s efforts to reinforce the purpose of the private sector in driving new progress.

“Forecasts place to a robust rebound in tourism and transportation in 2022, buoyed by the expected influx of guests for the 2022 FIFA Environment Cup and cruise ship arrivals,” Treeck stated. “We also assume Qatar to benefit from new legislation introduced aimed at expanding non-public sector participation in the economy, when vital reforms to the labour industry really should aid to maximize competitiveness.”

The Report: Qatar 2022 has been created with the Ministry of Commerce and Industry and Qatar Chamber. It marks the fruits of more than 6 months of area exploration by a staff of analysts from Oxford Small business Team. The publication assesses developments and developments throughout the economic climate, together with all those in macroeconomics, infrastructure, electricity, banking and other individuals.

The Report: Qatar 2022 is accessible online and in print. It is a person of several very related, go-to research equipment currently being created by OBG, which include things like Foreseeable future Readiness and ESG Intelligence studies, along with a selection of Advancement and Recovery Outlook content and interviews.

Click on right here to subscribe to Oxford Business Group’s newest information: http://www.oxfordbusinessgroup.com/place-studies

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About Oxford Organization Group

Oxford Business Team (OBG) is a world research and advisory firm with a existence in over 30 international locations, spanning the Center East, Africa, Asia and the Americas. It is recognised internationally as a distinct and highly regarded supplier of on-the-ground intelligence on world’s quickest-expanding markets, termed The Yellow Slice, in reference to OBG’s corporate colour. 

By way of its assortment of products – Economic Information and Sights OBG CEO Surveys OBG Occasions and Conferences World-wide System, which hosts exceptional video interviews and The Report publications – as nicely as its Advisory division, OBG presents thorough and correct examination of macroeconomic and sector-level developments for audio financial commitment prospects and organization conclusions. 

OBG gives small business intelligence to its subscribers by way of a number of platforms, such as its direct 6 million verified subscribers, Dow Jones Factiva subscribers, the Bloomberg Specialist Expert services subscribers, Refinitiv’s (formerly Thomson Reuters) Eikon subscribers and extra.

For more data, please make contact with:
Marc-André de Blois
Director of PR and Video Material, Oxford Business Group
E-mail: [email protected]
802 Publishing Pavilion, Generation Town
PO Box 502 659 Me’aisem Initial Dubai UAE
London SW1E 6DT 
6th Ground 105 Victoria Avenue

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