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The QFC, a Platform for Growth in Qatar and Beyond

April 1, 2018 • FINANCE & BANKING, Middle East & Africa, Top Investment Destinations

By Haitham Al-Salama

Looking for top business and investment destinations in the Arab world? Dr. Haitham Al-Salama, Chief Economic Advisor at Qatar Financial Centre (QFC) and Special Advisor to the Minister of Finance, highlights in this article the favourable investment climate of Qatar and how QFC’s platform can help companies in their business expansion endeavours in the region.

 

Having continually been ranked as one of the top economies globally in competitiveness, communications and innovation, Qatar boasts one of the strongest and fastest growing economies in the region and continues to attract international investors and businesses to its shores.

The well-developed, competitive local market and highly developed value chain supports the needs of investors. Its market strength makes it the ideal location for businesses looking to expand to Qatar, the wider region and other parts of the world, including Africa and Asia.

Backed by a coordinated government strategy and strong investments in key economic enablers such as its infrastructure, Qatar’s GDP continues to grow at substantial rates. This growth was well under way before Qatar won the rights to host the 2022 FIFA World Cup.

The Qatar National Vision 2030 (QNV 2030), a long-term blueprint released in 2008 that envisions a “diversified economy in which the private sector plays a prominent role”, includes a project pipeline worth some $200bn that both local and international companies in various economic sectors can benefit from.

In addition, as a market that is not saturated, but instead continuously growing with abundant opportunities in a number of areas, Qatar’s growing market strength makes it an ideal location for businesses and investors.  

 
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About the Author

Dr. Haitham Al-Salama is Chief Economic Advisor at Qatar Financial Centre and Special Advisor to the Minister of Finance. He has over 15 years experience spanning the fields of healthcare, policy and management within governmental and non-profit organisations. He is a recipient of a number of awards including Oxford University’s Honorary Senior Research Fellowship and the League of Arab States’ 25th Anniversary Distinguished Student Award.

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