Industry
From The Report: Qatar 2020
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Qatar’s industrial sector has the potential to play a pivotal role in economic diversification, with both heavy and light manufacturing in a position to benefit from major milestones ahead. Industry, along with the domestic economy overall, has developed resilience and a level of self-sufficiency since the June 2017 blockade imposed by several Arab countries. An abundance of natural gas reserves has allowed the country to develop value-added and energy-intensive segments, especially as the country shifts towards cleaner and renewable sources of energy. This chapter contains an interview with Ramez Al Khayyat, Vice-Chairman and Group CEO, Power International Holding.

Articles from this Chapter

Overview

Diversification gains: An emphasis on manufacturing and value-added segments enhances self-sufficiency and competitiveness
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Qatar’s industrial sector has the potential to play a pivotal role in economic diversification, with both heavy and light manufacturing in a position to benefit from major milestones ahead. These include the 2022 FIFA World Cup; the opening of the Middle East’s largest petrochemicals complex, which is expected to come on-line in 2025; and the planned expansion of the North Field – the site of the world’s largest natural gas endowment shared with Iran that lies within Qatar’s maritime…

Interview

Continuous innovation: Ramez Al Khayyat, Vice-Chairman and Group CEO, Power International Holding, on how local industry is staying ahead
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Interview:Ramez Al Khayyat Where can the application of smart technologies in the industrial sector deliver the most tangible results, specifically in terms of boosting efficiency? RAMEZ AL KHAYYAT: The most important thing for a large industrial company to have is the right enterprise resource planning (ERP) system. Along with adopting smart technology in services, companies must also ensure that they are working to improve their management and operation through technology. Technology is…

Analysis

Headed to market: Companies are looking to value-added products such as polyethylene to boost industrial exports
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In July 2019 Qatargas announced it delivered its 3000th liquefied natural gas (LNG) shipment to Japan since Qatar’s first delivery of the resource in early 1997. In the interim years, Qatar has become the world’s largest LNG producer in the world, producing 77m tonnes a year. According to BP’s “Statistical Review of World Energy 2019”, Qatar was the largest exporter of LNG in 2018, exporting 104.8bn cu metres. All the same, the Gulf country is looking to diversify its exports to…

Overview

Outsized impact: Support for small and medium-sized enterprises is increasingly recognised as key to sustainable growth
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Small and medium-sized enterprises (SMEs) drive economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. Their rise has been crucial to economic diversification and resilience, particularly in countries vulnerable to commodity price fluctuations. SMEs have also been at the forefront of innovation, taking advantage of their size and agility to respond to technological and commercial opportunities. However, they also face obstacles, such as disproportionately high tax burdens, skills and capacity gaps, and credit…

Overview

Outsized impact: Support for small and medium-sized enterprises is increasingly recognised as key to sustainable growth
OBG
plus

Small and medium-sized enterprises (SMEs) drive economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. Their rise has been crucial to economic diversification and resilience, particularly in countries vulnerable to commodity price fluctuations. SMEs have also been at the forefront of innovation, taking advantage of their size and agility to respond to technological and commercial opportunities. However, they also face obstacles, such as disproportionately high tax burdens, skills and capacity gaps, and…