The event is organized by World Trade Center Qatar. It is a member of the World Trade Centers Association (www.wtca.org) based in New York, whose membership includes 300 World Trade Centers in 85 countries. The main objective of World Trade Centers is to promote international trade
QATAR : A GROWING ECONOMY AND AN ATTRACTING REAL ESTATE HOTSPOT
Qatar has emerged as one of the most attractive real estate hotspot markets offering local and foreign investors the opportunities to own some of the most lucrative and luxurious properties worldwide. The real estate boom in GCC countries has made the region an important investment and tourism hub. Capital surplus, geographic location, and
investment legislations have all combined to make the real estate sector the prime attraction of local and foreign investments in the Gulf region, and the main catalyst of growth in the region's economies.Driven primarily by rapid growth in the country's gas exports, Qatar has one of the fastest growing economies of the world. It was ranked as the most competitive Arab economy by the World Economic Forum, and is one of the richest countries in the world.
WHY INVEST IN QATAR?
Qatar is now the most open Arab economy, and the, "best regional model for its neighbors to emulate." (According to the World Economic Forum).
Qatar 's rapid economic growth has enabled it to become one of the wealthiest countries in the world.
Qatar has the highest GDP per capita income in the world. Qatar National Bank estimates GDP per capita reaching as high as $64,495 by the year 2007.
Qatar economic has become one of the fastest growing Economies in the world. Nominal GDP growth was at a strong 33.8% in 2005.
Qatar has the third largest reserves of natural gas in the world.
Qatar has an average crude oil output of 759,000 barrels per day.
Qatar 's proved reserves of natural gas exceed 25 trillion cubic meters, more than 5% of the world total and third largest in the world.
Qatar has permitted substantial foreign investment in the development of its gas fields during the last decade and is expected to become the world's top liquefied natural gas (LNG) exporter by 2007.
Investments in Oil and Gas Petrochemicals are expected to reach 70 billion USD in the Coming 7 years.
Qatar hopes to spend an astronomical $100bn on investment and infrastructure projects by 2012.
Qatari officials expect at least USD 45 billion to be invested in expansion projects by the Coming few years.
Qatar builds a USD 5 billion new airport, the biggest in the region.
Qatar plans 27 mega industrial projects by 2010 at USD 60 billion.
Hotel industry in Qatar is growing at a formidable pace. About 37 new hotels with more than 7,000 rooms will be added in the next few years.
