Sunday, 1 July 2012

gulfnews : We need more business hubs on the Arabian Gulf coast

Last year Qatar launched its first national leadership centre to strengthen the leadership capacity of its current and upcoming leaders. The programme provides a vehicle to share and challenge ideas and build on existing leadership competencies. As part of the programme, the participants visited both the world’s factory, China, and the brain of the east, Singapore.
China, the giant and yet agile economic apparatus, constitutes of various and diverse socioeconomic clusters and provides large laboratories to examine products, services, ideas and policies. China, the model of a socialist market economy, has deep pockets and an abundance of low-cost human capital that has made its growth success possible. Singapore, on the other hand, is a tiny sophisticated capitalist city state with robust regulations and transparency allowing it to attract $618.6 billion (Dh2.27 trillion) worth of foreign direct investment (FDI). Singapore has established itself as a host for multinational companies that target the region.

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