Qatar Sharpens Its Competitive Edge

As one of the world's largest exporters of liquified natural gas (LNG), Qatar has embarked on a series of reforms and investments in recent years as part of a long-term strategy, set out in Qatar National Vision 2030, to diversify its economy away from hydrocarbons, attract foreign direct investment (FDI) and secure a sustainable future.

Qatar has set a cumulative target of attracting USD100 billion in FDI by 2030, according to the latest version of its national development strategy published last year. The government is focusing on building an innovation-focused knowledge economy, achieving greater infrastructural and technological competitiveness, and cementing its position as a strategic commercial, financial and logistics hub.