Experts during the panel discussion at Cityscape exhibition at DECC, yesterday. PIC: AMR DIAB
Doha, Qatar: Soaring long-term investments in Qatar’s realty market have augmented the economy in significant ways. Regulation in this aspect is very important to attract foreign direct investments (FDI) in the Qatari market, remarked industry experts in a panel discussion entitled ‘Invest in Qatar – Real estate, a safe long-term investment in Qatar?’ held yesterday at Cityscape Qatar in DECC.
The session was attended by the Head of Business Development at Qetaifan Projects Sheikh Nasser Abdulaziz Al-Thani, Strategy Manager at Investment Promotion Agency Qatar (Invest Qatar) Hamad Rashid Al Naimi, Owner of Warner Wonder Group & Vip Real Estate Desk Matthew Warner, and Partner and Head of Qatar, at Knight Frank, Qatar Adam Stewart. The event was moderated by Partner, Consultancy and Research, Cushman & Wakefield, Qatar Johnny Archer.
Sheikh Nasser highlighted numerous recently launched projects as they are investments implemented by international investors and not merely by residents in Qatar, which eventuates the Qateifan project’s contribution towards the country’s foreseeable vision. He said: “Many developers, such as the Qateifan projects and other industry players” are working towards the development of the country. From a real estate perspective, the official said that a part of the Qetaifan project consists of various residential and villa plots adding that “this will have around an input of around 600 units towards the market.”
Al Naimi underscored how to start a business in Qatar and generate economic impact in the country. “I think in terms of the investment promotion agency and whatever we have been doing so far, we have been working on making sure that the messages about investing in Qatar and the information is out there in the public and making sure that the business community outside of Qatar knows how to come to Qatar,” he said. Al Naimi added: “So that is one part that we work on by trying to attract investments and also promoting the country. The other part that we also work on is connecting business owners or potential investors with specific business opportunities in Qatar.”
