The world is eagerly looking at Qatar! It is not just because Qatar is hosting FIFA World Cup 2022. Qatar is one of the richest countries in the world and it’s also one of the most expensive places to live. The country is small with a population of 2.6 million people, but it has a very high GDP per capita at $129,000. The country has invested heavily in infrastructure and tourism to prepare for the FIFA World Cup 2022. China spent almost $40 billion in 2008 to host the Summer Olympic Games in Beijing; Russia spent about $50 billion in 2014 to host the Winter Olympic Games in Sochi; and Brazil spent a total of $20 billion to host the World Cup. The World Cup 2022 host nation of Qatar has spent almost $220 billion to welcome nearly 1.5 million tourists in November and now is one of the leading countries in the world. The value of such an investment will continue to grow in the months and years that follow the confrontation, having a lasting impact on tourism and other commercial activity.
Given that the FIFA World Cup will help Qatar achieve its long-term financial objectives and will have a good overall influence on the Arab world. The economy of Qatar is primarily driven by the oil and gas industry, which also contributes significantly to its Gross Domestic Product. It will bolster Qatar’s economy after the World Cup and unquestionably advance sustainable development. Even after the competition, the economic benefits of infrastructure investments will last for a long period of time. The FIFA World Cup will play a significant part in bringing more foreign investment and economic possibilities to Qatar. Furthermore, the State of Qatar generously supports every entrepreneur without discriminating between nationals and foreigners.
By integrating cutting-edge technologies in the infrastructure, real estate, tourism, financial services, construction, petrochemicals, steel, cement, fertilizer industries, and banking sectors, Qatar has significantly expanded its economy. As a result, Qatar has now turned into a paradise for international investors. It will be a fruitful chance if investors could start their business in Qatar after FIFA World Cup 2022. Additionally, you will receive a tone of support from the Qatar Government to establish and advance a sustainable development of your business objectives. The Government has been keen to encourage entrepreneurship and innovation. Now is the golden chance to flourish your business globally! Start your business in Qatar with RAG Global Business Hub. RAG providing wide range of business solutions the Business Setup in Qatar, PRO Services in Qatar & Company Registration in Qatar. RAG is One of the best Business consulting companies in Qatar and United Arab Emirates. For your free consultation Kindly contact us at +974 6633 7442