The International Arbitration Review: Qatar (Fourth Edition)

    1 July 2013

    Over the past several years, the state of Qatar has experienced tremendous economic growth and an explosion in international investment. In 2011, its real GDP growth was 18.7 percent. While this rate of growth slowed to 6.3 per cent in 2012, increased international investment is certain as Qatar prepares to host the 2022 FIFA World Cup and continues to develop its services and oil and gas industries. In addition to the completion of the Hamad International Airport and New Doha Port project, Qatar anticipates continued infrastructure investments for projects, including rail transportation, roads, drainage and sewage, power and water, and new stadia and ancillary facilities. Indeed, according to the CEO of Qatar  Airways, which has helped fuel growth in Qatar, the country is moving forward with US$226 billion towards a national development strategy designed to improve infrastructure, real estate and medical development over the next decade.