The Business Gateway to Qatar 2006

Résumé du document

The state of Qatar offers a unique variety of opportunities. Having almost entirely transformed itself during the last several years, the country keeps its incredible momentum of steady development. However under the auspices and progressive guidance of His Highness the Emir of the State of Qatar, Sheikh Hamad bin Khalifa Al Thani, the course chosen is one of comprehensive as well as sustainable development to advance the country. Qatar therefore constantly seeks to diversify the sources of national income by creating other important resources wherein, the private sector has a big role to play. Within this frame "The Business Gateway to Qatar 2006" corroborates QBA's strategic initiative to lay forward an extensive guide to the various projects and investment opportunities in progress in Qatar. With the design to steer through the profusion of business opportunities enabling the long-term investor to participate in the development of the country, this guide is truly a gateway to the business world in Qatar. In an effort to provide a comprehensive image of the business environment in the country and to give the investors from America, Europe, Asia and the Middle East an in-depth analysis of the Qatari economy potential. The present edition focuses on the different sectors of strategic importance in Qatar. Each part is centered on the key issues and trends which might be of interest to the prospective investors.

Extraits

[...] Yet the objective is clearly to look beyond the opening of new properties, which coupled with the opening of the new airport, will provide plenty of opportunities to develop leisure tourism. With the majority of new hotels opening in 2007 the number of hotel rooms will move to something really needed to establish a sustainable sector and further development. The hot topic among hoteliers and guests alike over the past few years was the seemingly chronic shortage of hotel rooms. [...]

[...] In fact, more than 80 major sporting events were held in 2005. With a view to building a stronger sports culture in Qatar, the Aspire Academy was established in 2004. Aiming to develop exceptional athletes, the Aspire Academy is an elite sports institute offering world-class sports education the largest centre of its kind worldwide. The centre features state-of-the-art sports science labs (including high altitude, movement and power analysis labs), state-of-the-art fitness halls, a fully-equipped physiotherapy centre, seven football pitches, an Olympic swimming and diving pool, a gymnastics hall, eight fencing strips, two tennis courts and many more facilities to attract athletes from across the region and the world. [...]

[...] In other words conferences and meetings organized by the commercial sector represent excellent potential revenue earners for the country. The high profile conference, be they for the United Nations or the IMF provide tremendous international coverage and awareness for the country. To cater the ever-growing international exhibitions, there are plans to substantially enlarge the square meters of covered space at the Qatar International Exhibition Centre and a new conference and exhibition facility at Education City, able to accommodate around people. [...]

[...] Therefore it is not surprising that international banks express a constant willingness to invest into projects conducted in Qatar. The tone set by the general strategy is that with abundant gas reserves, optimal gas utilization strategy calls to diversify and to develop multiple markets. That is precisely the reason why in addition to massive LNG production capacity Qatar plans to occupy a strategic position in the niche market of cleaner, environmentally friendlier fuels, hailed especially in the European countries as the fuels of the future. [...]

[...] - The Bul Hanine field came on line in 1973, producing well over barrels per day, but production began falling off in the early 1990s. Current production is around barrels per day. Development plans to boost production include the drilling of 86 new wells. Bul Hanine holds approximately 700 million barrels of recoverable reserves. - The Maydan Mahzam field became operational in 1965, and its production is currently around barrels per day, down significantly from its peak. However, Qatar Petroleum is currently undertaking a renovation intended to extend the life of the field. The field was producing around barrels per day in late 2004. [...]