Developed Trends In The Qatar Economy Market Outlook: Ken Research
Undoubtedly, the entire economy of the Qatar is one of the foremost regions across the world based on the GDP per capita, ranking among the fifth and seventh on the globe ranking for the 2015 and 2016 data attained by the World Bank, IMF and United Nations. Nevertheless, Qatar has also the third foremost established natural gas reserve across the world and is the second-largest exporter of the natural gas.
According to the Qatar Market Research Report, in the market of education in Qatar, the government of the Qatar distributed a heavy annual budget for the Qatar’s education segment in the line with the Qatar National Vision 2030, which effectively aims on developing the course curriculum, developing a learning outcomes, refining the efficiency of the educations system and heartening the effective teaching. Nevertheless, there has also been a transformation towards the private education which has concluded in developing of new international institutions serving the private education on the basis of diverse international curricula and are significantly beneficial for the expat populace, who are not permissible to attain the education in the public schools.
Although, the effective acceptance of the e-learning in Qatar has supported the improvement of K-12 school and higher Education Universities. The E-learning not only supported the authorities in getting the access to modern the curriculum, but also supported the students in learning related to the several other courses that were not offered in these colleges. The K-12 education market in this region is attained effectively by the private schools owing to the increasing eminence of the effective education and the rising requirement of the people to opt for the international curriculum.
The unremitting increasing demand of the people in the Qatar choosing to study abroad for the global exposure and international assignments has speedily augmented the revenues of this industry.
Nonetheless, the Qatar region has been witnessed a massively spend on the infrastructure, establishment of the modern technologies, growing number of the logistics and warehousing market. Whereas, the market of logistics and warehousing in Qatar has observed a speedy growth over the recent past years due to the growing globalization and enlarging retail and FMCG market.
On the basis of warehousing, the warehousing dynamics in the region has been increasing more positively in the recent past years. It has turn into more competitive as more players are coming owing to the superior number of opportunities. It is majorly fueled by the imports and construction material entering in owing to the infrastructure improvement taking place for the FIFA World Cup 2022. The Qatar’s predicted to aim on innovating its logistics infrastructure especially in the seaports, constructing regional and international logistics service center, developing the effectiveness of connection among the Qatar and other regions, thereby becoming a developed logistics hub in the coming years are few of the foremost factors that will support the Qatar logistics and Warehousing Market in the coming years.
Additionally, the Qatar Plastics Pipes and Fitting market is abstemiously concentrated with the efficient existence of few foremost big players constituting mainstream of the market. Hence, the future outlook of the industries in Qatar is positives as the prices of oil are predicted to recover in the near future which will give a boom to the Qatar Economy.