Monday 9 December 2013

Qatar's non-oil, gas sector set for major growth - Politics & Economics - ArabianBusiness.com

Qatar's non-oil, gas sector set for major growth - Politics & Economics - ArabianBusiness.com:

"Qatar’s diversifying economy is set to reap rewards with the non-hydrocarbon sector predicted to be worth more than half of the country's GDP by 2015, according to the country’s biggest bank.
Speaking ahead of the Euromoney Qatar Conference  in Doha this week, Joannes Mongardini, Head of Economics at QNB Group, said the Qatar economy was booming and entering a new phase of economic growth not solely dependent on the traditional gas and oil sector.
“Large investments in construction, transport, real estate and petrochemical sectors will result in double-digit growth of the non-hydrocarbon sector over the next few years,” he said."

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