Qatar Industry

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In what ways is agri-business evolving in Qatar?

Chapter | Industry from The Report: Qatar 2019

The potential for the industrial sector to play a major role in Qatar’s economic growth was officially recognised in 2008 with the publication of the country’s plan for long-term development, Qatar National Vision 2030. Since then Qatar has taken a number of steps to increase the incentives available to foreign investors interested in supporting the country’s industry. Boosted by a new project...

Its relatively small population and status as the world’s biggest gas exporter have helped Qatar become the richest country globally in terms of GDP per capita, which stood at $72,700 at current prices in 2019, according to IMF estimates. In recent years, however, the nation has faced strong economic headwinds from a drop in global energy prices to a diplomatic blockade.


Qatar operates a modern and technically proficient power transmission and distribution network. The system benefits from a compact country service area of only 11,570 sq km and modern infrastructure, much of it installed over the last 10 years as total generation capacity grew by over 140%.


What potential is there for renewable energy to play a bigger role in the country’s energy mix?


Central to Qatar National Vision 2030 (QNV 2030), the country’s long-term development plan, is creating a competitive and diversified economy. The industrial sector plays a key role in this, broadening the scope of private sector activity, encouraging the shift to higher value-added activities and creating jobs in an increasingly knowledge and...

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