Country Profile

Prior to 2010 Qatar was primarily known for its vast gas reserves; however, the country’s global profile received a major boost in 2010 when it won the bid to host the 2022 FIFA World Cup in November and December of that year. Backed by sustained levels of economic growth, Qatar is channelling its resources into transitioning to a knowledge-based economy. The country has been working to translate recent economic growth into greater activity and sustainability throughout the private sector. As such, it has been investing in strategic sectors such as agriculture, services, and research and development to further diversify its economy and attract greater foreign direct investment. This chapter contains a viewpoint from HH Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar.