QatarQatar- Growth and Sustainability Perspectives
Doha, Sharq Hotel, April 15th, 2010
ŠOrtner Consulting 2010
QATAR NATIONAL VISION
QATAR’S 2030 NATIONAL VISION The National Vision rests on four pillars: The nation at a crossroads – wealth creation provides opportunities and challenges The “vision” defines broad future trends and reflects the nation’s aspirations, objectives, culture The Challenges Modernization and preservation of traditions The needs of current and future generations Managed growth and uncontrolled expansion The size and the quality of the expatriate labor force and the selected path of development Economic growth, social development and environmental management
ECONOMIC PROJECTIONS Foreign Direct Investment in USD FDI Inflow
FDI Outflow 0.44bn 2004
1.2 bn 2004
1.14 bn 2007
5.26bn 2007
GDP (IMF) bn US$ 232.7 250
% Inflation 14 12
200 144 150 100
GDP 2009
GDP 2013
10 8 6 4
50 0
2009
2 0
2013
CONSTRUCTION & ENGINEERING PROJECTS Ongoing and Awarded Projects 6000
5145
5000
5000 4000 2500
3000
2500
2000 1000 1000
275
US $M Value 55
0
Projects include work on roads, highways, a new international airport, hospitals, libraries and banks
TOP 10 GDP PER CAPITA IN MIO USD 120,000
100,000 Liechtenstein 80,000
Qatar Luxembourg
60,000
Bermuda Jersey Norway
40,000
Brunei Kuwait
20,000
Singapore United States
0
TOP 10 NATURAL GAS- PROVED RESERVES IN CUBIC METRES Iraq
Venezuela
Algeria Russia Nigeria
Iran Qatar Saudi Arabia
United States
United Arab Emirates United States
United Arab Emirates
Nigeria Algeria Saudi Arabia
Venezuela Iraq
Qatar
Iran
Russia 0
20,000,000,000,000
40,000,000,000,000
60,000,000,000,000
TOP 10 GAS EXPORT COUNTRIES IN CUBIC METRES
Trinidad and Tobago Qatar Malaysia
Russia Canada
Indonesia
Norway Algeria
Netherlands
Turkmenistan Netherlands
Turkmenistan
Indonesia Algeria
Malaysia Qatar
Norway
Trinidad and Tobago
Canada Russia 0
50,000,000,000
100,000,000,000
150,000,000,000
200,000,000,000
IMPORTS, EXPORTS AND TRADE BALANCE
TOP IMPORT COMMODITIES
ECONOMIC FREEDOM
NEW DOHA INTERNATIONAL AIRPORT $ 5 billion project executed in 3 phases Designed for Airbus A-380 Vision 2015- 15 million passengers and 2 million tons of cargo per annum
EXPANSION AND DEVELOPMENT OF INDUSTRIAL AREAS
Ras Laffan (oil&gas) Messaied (small & medium private industries) New Doha Industrial Area (small and medium private industries) Qatar Science and Technology Park Information Technology City
INFRASTRUCTURE New and improved road systems Road widening Extension of existing roads Qatar- Bahrain-Causeway or “Friendship Causeway” with estimated construction cost of $3-4.7 billion
QATAR ENERGY CITY First energy hub to attract leaders in oil & gas production Will give a home to 200,000 people Expected project completion 2012 $ 1.6 billion project value 35 km2 area divided in 12 districts
EDUCATION SECTOR
Focus partnerships with international bodies and institutions community education VET training hub for international conferences and seminars Projects Qatar Technical School Expansion Qatar Aeronautical College Science and Technology park (Qatar Foundation) Community College Convention Center
ENVIRONMENTAL CHALLENGES ● Water Consumption per Capita
● Energy Consumption per Capita
● CO2 Emission per Capita
675l/day
19,466kg (oil) p.a.
44.4 metric tons p.a.
GCC av. 10,601 kg
GCC av. 23.4 metric tons
US 575l EU 200-300l
DOING BUSINESS IN QATAR
Do your due diligence – feasibility study Get a local business lawyer Pay a visit and see for yourself
Commercial registrations tend to fall into five main groups:
100% foreign investment Joint venture Representational office Temporary registration Service agents or sponsorship
The Middle East is not linguistically, religiously nor culturally uniform A common mistake is to have a working knowledge of one Gulf state and to apply that to all the other GCC nations Qatar is a devoutly Muslim country - be mindful and respectful It’s a small country and Doha in particular is very compact
There are similarities in the Gulf region but significant differences too!
BIBLIOGRAPHY:
Australian Trade Commission CIA World Factbook Global Competitiveness Report 2008 Harvard Institute of Strategy and Competitiveness International Energy Agency Nationmaster.com Qatar Business Dublin Qatar National Vision 2030 Qatar Statistics Authority Unesco United Nations Conference on Trade and Development
Ortner Consulting l Business Solutions
Thank you for your attention!
www.ortner-consulting.com