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Business / Qatar Business

Top-notch infrastructures a boon for investments in 2023

Published: 26 Mar 2023 - 09:48 am | Last Updated: 26 Mar 2023 - 09:52 am
A general view of the buildings in Lusail City, Qatar.

A general view of the buildings in Lusail City, Qatar.

Joel Johnson | The Peninsula

Qatar’s rapidly enhancing state-of-the-art infrastructures has enabled many potential investors arriving in the country to invest and execute business plans in 2023.

“The government’s initiatives and the business community in the country is one of the primary reasons why I chose to invest in Qatar”, Sara Smith, an investor told The Peninsula.

"As infrastructures develop rapidly in the Middle Eastern hub, potential tourists and expats anticipate better investments", a real estate official said adding that the augmenting establishments in addition to healthcare and tax-free facilities have become a major cause for the rising number of investors and tourists.

Rayan, an investor said: “The country is repeatedly reported as one of the finest destinations for investors like me, and the infrastructures here are breathtaking. Qatar’s strong economy and safe atmosphere is an added advantage for investing.”

“Qatar’s hosting of major sporting events has opened a window for the world to have a glimpse into the mystique and grandeur of its high life and world-class infrastructure,” stated, 25 spaces real estate in a report adding that with a population of 85 percent expats from over 100 countries, Qatar is “arguably a multi-racial cosmopolitan melting pot.”