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World-class infrastructures and modern facilities in the State of Qatar have been one of the underlying reasons for the surge in global investments. A boost in the tourism and hospitality sector resulted in a significant trajectory toward attracting Qatar and the facilities it provides. Many realty experts in Qatar are thus upbeat about the increasing demand for foreign investments as doors were open for worldwide entrepreneurs to explore and invest.
Steed Taylor, Business Development Director at FG Realty, a leading real estate developer in its social media portal said: “If you look at our clients, the one thing that I noticed is that they didn’t talk for six years. They didn’t talk about the payment plans. They didn’t talk about any of those things. What they spoke about is these are the fundamental reasons why I invested in Qatar.” He also pointed out that several of their clients decided to invest in Qatar as the country has “stronger growth” as compared to other countries and top-notch facilities including the healthcare system highlighting that Qatar is a better investment destination than Europe. “The economy in Europe is coming down. They are giving macro reasons why they are investing in Qatar,” Taylor said.
As tourism and investment go hand-in-hand with a rising number of individuals in the country, Qatar is assertive on deriving a positive economy in the next five to ten years and will be one of the foremost destinations to invest, an official told The Peninsula in an interview.
Last year, global foreign direct investments (FDI) performed tremendously well. According to FDI’s inaugural FDI Standouts Watchlist 2023, the momentum is anticipated to carry out this year.
As part of the country’s economic diversification strategy under Qatar National Vision (QNV) 2030, investments recorded a vital expansion in recent years with soaring foreign projects.
Cities including Qatar’s capital Doha, Lusail, The Pearl Qatar, and other elite areas caught the attention of several investors as they spoke to The Peninsula on why Qatar is the most preferred choice. Excellent infrastructure, high-quality facilities, and safety measures attracted many people to invest in Qatar. A report by Fitch Solutions also outlined that the World Cup organised last year introduced numerous tourists, and potential businessmen to discover the remarkable infrastructure facilities while many officials told that the tournament had put Qatar on the map eventuating the rise of foreign investments and projects.
