Qatar Trade Mission
Expanding on Qatar’s economic growth and continuing to build UK-Qatar trade links, the MEA is leading a Trade Mission to Qatar from 6th—9th October.
Qatar has one of the world’s fastest growing economies, and is using its vast revenues from energy sources to fund major construction and infrastructure developments. Historic links between the UK and Qatar are strong with Qatar not only being a major source of inward investment but also an attractive destination for UK businesses. Indeed, in 2011, UK Prime Minister David Cameron and Qatari Prime Minister Hamad bin Jassim bin Jaber Al Thani announced plans to double bilateral trade between the UK and Qatar from £2.2 billion to £4.4 billion by 2015.
UK government officials are also confident this target can be reached, with UK Trade and Investment Minister Lord Green announcing in November 2012 that trade between the UK and Qatar had increased by 9% so far this year, building on a three fold increase in trade over the past five years according to official statistics.
The mission will focus on the opportunities arising from Qatar’s needs to develop in time to host the FIFA 2022 World Cup. Major infrastructure projects such as transport (rail, ports and roads), real estate and professional services for major projects will be of particular interest. Some US$45bn have been reserved for projects relating to the hosting of the 2022 World Cup alone. Other projects include the building of the New Doha International Airport, the Doha Port and other major private sector developments. Architecture, construction and management firms offering environmentally sustainable solutions to Qatar’s infrastructure needs are particularly sought-after given the kingdom’s emphasis on renewable and ‘green’ energy.
The housing, health, manufacturing, education and training sectors amongst others are also expected to see growth and this multi-sector mission can cater to all needs. UK Businesses are well-placed to do business with Qatar given the two countries’ historically strong trade relations and investor friendly business and regulatory environment in the state.
Given the significant opportunities available in Qatar, we therefore invite you to register for this MEA Trade Mission to Qatar which is an unparalleled way of assessing the market and gaining direct access to decision makers and commercial leaders as well as meeting potential clients and business partners.