Qatar offers wealth of opportunities for investors and businesses

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Qatar’s logistics market is forecast to outpace all competitors in the GCC region in terms of growth between 2020 and 2026 and it ranks in the top 20% in logistics performance globally

Zawya – Qatar offers abundant opportunities for entrepreneurs and foreign entities. The country has developed advanced logistics systems, tying in world-leading air and sea ports with modern road and warehousing infrastructure.

Qatar’s logistics market is forecast to outpace all competitors in the GCC region in terms of growth between 2020 and 2026 and it ranks in the top 20 percent in logistics performance globally and is second in the Middle East according to a recent report by Investment Promotion Agency Qatar (IPA Qatar).

The key drivers of its flourishing trading sector include, access to capital as the country has ready and complete industrial facilities for SME owners and entrepreneurs; also, it has a robust support system that is world-class free zones, industrial areas and logistical parks that offer a business-friendly environment and other support services for foreign investors.

Qatar also has a resilient transport and logistics evident by the global connectivity through Hamad International Airport (HIA) and Hamad Port with one of the world’s largest air cargo carriers, along with diversified trade partners for critical commodities and goods. Also, in technological infrastructure, it ranks third in the Arab world on the Network Readiness Index 2021 and continues to work towards innovation, for example, the Qatar Centre for Artificial Intelligence develops the latest AI tools and tech in the logistics, warehousing, and management space.

The country’s logistics market experienced a 7 percent uptick in the last five years alone. One of its greatest feats has been the successful integration of the entire trading value chain, seamlessly connecting key players from the import/export side such as Milaha and Maersk, and logistics providers like DHL and DB Schenker with warehousing companies and retailers, noted the report.

The world continues to search for ever-faster, more sustainable and streamlined ways to transport, store and deliver goods, much of this activity will focus on integrated logistics hubs such as Qatar creating a wealth of opportunities for investors and businesses in Qatar’s supply chain and logistics related sectors.

For foreign investors, it is a space of untapped potential, not least due to exponential growth in e-commerce and Qatar’s extensive trade and investment treaties, covering over 25 bilateral investment treaties, more than 80 double taxation treaties, and over 20 free trade agreements.

With 2 billion people across more than 25 countries worth $6 trillion in combined GDP within just 3,000 km reach, Qatar benefits from a unique sense of connectivity. Its national airline, Qatar Airways, connects to more than 150 international destinations, while Hamad Port, the largest multipurpose port in the region, services over 15 direct shipping lanes.

Image by: Getty Images

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Edmund Shing, PhD

Global Chief Investment Officer
BNP Paribas Wealth Management

Edmund has over 29 years of experience in financial markets in a wide variety of positions, ranging from proprietary trading to portfolio manager in a number of financial institutions in London and Paris.  He previously held the role of Global Head of Equity and Derivative Strategy at BNP Paribas in London from 2015 to 2020, and has been Chief Investment Officer at BNP Paribas Wealth Management since November 2020.

Edmund is responsible for piloting our investment strategy and will continues to rollout out recommendations and themes with actionable advice that brings our expertise to our clients and support to our client-facing teams.  In this time of change, his expertise in following and anticipating markets is a true value added for both our customers and those at Wealth Management who serve them.

Edmund has a PhD in Cognitive and Computing Science from the University of Birmingham in the United Kingdom, and has done advanced studies in Knowledge-Based Systems and in Experimental Psychology.  He is an EFFAS-certified financial analyst. He has also authored the book “The Idle Investor” published by Harriman House in 2015, proposing 3 simple investment strategies that take only a few minutes to execute per month.

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