In its Public Information Notice No. 12/7, the International Monetary Fund noted that Qatar’s GDP growth rate is projected to be approximately 6% in 2012, half of which is related to hydrocarbons sales. In line with its effort to lessen its reliance on the oil and gas sector, it is estimated that government investment in large-scale infrastructure projects will sustain continuing growth at between 9% and 10% in the non-hydrocarbons sector beyond 2012. On the ground in Qatar, the anticipated…
From The Report: Qatar 2012
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With assistance from Clyde & Co, this chapter looks at how Qatar’s emphasis on its infrastructure has yielded several interesting legal developments, including a new focus on occupational health, safety and environment (HSE), and a risk-centric consideration of the way in which business is conducted in the construction sector. This chapter also explains the options for foreign business operations and outlines recently passed laws and regulatory changes in Qatar. It also includes a viewpoint with David Salt, Partner at Clyde & Co, on standardising safety regulations.