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Published: 19-09-2022
While the global economy is expected to slow down in 2022, Qatar’s economy is likely to grow strongly in 2022 and 2023. Qatar is expected to boost public spending in 2022 on the back of higher oil and gas revenues and a conservative assumption of 2022 oil prices in its budget. Firms also remain positive regarding the outlook for 2022, linked to business opportunities arising from the FIFA World Cup. The impact of the infrastructure that has been built will not be limited to the World Cup period, but will extend beyond, especially due to the launch of huge projects in liquefied gas production, which will provide financial resources that can be used to diversify the economy. This Ventures Onsite report provides insights into the economy, construction sector, contractor awards and major projects post-FIFA 2022.
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