The Qatari economy is
dominated by the industrial sector, which contributed approximately 66.8% to
the total GDP in 2015. Oil and gas is the major
contributing 36.3% of GDP. Qatar has a new Development Plan which provides direction
for prioritizing capital expenditure, encouraging private investment and
creating jobs for nationals in the private sector. Qatar’s government has
diversified the economy from oil sector to non-oil sector. The government has plans
to invest in infrastructure, which are basically investments related to World
Cup 2022. The manufacturing sector will drive the non-oil sector. The non-oil sectors such as
retail sector, healthcare sector, education, residential housing, and banking
and financial sector are expected to be drivers of economic growth during the
forecast period. The country has huge
oil reserves and the high oil revenue has spurred a boom in both oil and
non-oil development projects.
Lucintel, a leading global management
consulting and market research firm, has analyzed the political, economic,
social, technological, legal, and environmental factors of Qatar and has come
up with a comprehensive research report, “PESTLE Analysis
of Qatar 2016.” This report provides an analysis of the Qatari economy
from historical, current, and future perspectives. SWOT analysis, forecast, scenario
analysis, and risk analysis of Qatar is also included in the report. The report
also includes forecast for Qatar’s economic growth through 2021.
The report
highlights various drivers and challenges which have influence on investment
decisions in the economy. Qatar is a politically stable country, which follows
absolute monarchy. Qatar has 14th largest oil reserves and 3rd
largest natural gas reserves in the world in 2015. Qatar has strong
international assessments of the business environment. Industry is the main sector, which is driving the economic
growth of Qatar. The crude oil and natural gas industry is the backbone of the Qatari
economy and features world-class refining, storage, and distribution
infrastructure. The country, however, is facing environmental challenges. For
example, production of energy and energy-related products accounts for 79.9% of
Qatar’s total CO2 emissions. Qatar is highly dependent on oil
revenue, which is one of the main challenges. If oil prices go down, it
directly affects the country’s GDP. Another
challenge for Qatar’s currency the riyal is pegged to the US dollar, limiting
the use of monetary policy as a tool during variations in the business cycle.
This 83-page research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents and pricing
information on this timely, insightful report, contact Lucintel at
+1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides
cutting-edge decision support services that facilitate critical decisions with
greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com.
You can also contact us through Live Chat in its website to answer your
questions in real time. Lucintel offerings include Opportunity
Screening and Analysis, Capital
Investment Feasibility, SWOT Matrix, Due Diligence and Mergers & Acquisitions.
About Lucintel
Lucintel, the premier
global management consulting and market research firm, creates winning strategies
for growth—whether you need to understand market dynamics, identify new
opportunities, or increase your profitability. It offers market assessments,
competitive analysis, opportunity analysis, growth consulting, M&A, and due
diligence services to executives and key decision-makers in a variety of
industries. Over the last 15 years, Lucintel has served over 1,000 corporations
in 70 countries. For further information, visit www.lucintel.com.
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