Qatar is emerging as one of the fastest growing economies in the world. With its rapidly growing energy exports, Qatar’s GDP rose from 68 billion dollars in 2007 to 86 billion dollars in 2008, and next year is set to reach 116 billion dollars according to the Institute of International Finance.
Qatar is already the world's top exporter of liquid natural gas, providing 15 percent of total worldwide supply. It is expected that by 2010, Qatar will be producing one-third of the global supply, including 25 percent of the UK's and 30 percent of the US's imported gas needs.
Qatar has the highest GDP per capita in the world, 27 billion barrels of proven oil reserves and up to 200 years worth of natural gas. This is a strong economy that is withstanding the global financial crisis and will continue to boom for many years.
In 2011 Qatar will officially be the largest gas exporter in the world and in 2013 its revenues will equal half of Saudi Arabia in $ terms. The population of the country is expected to double within the next 10 years from 1.6m today to over 3m.
The Land Real Estate and Investment Company is in the heart of this economy. We are developing 17 towers on the Pearl – Qatar, the country’s first freehold property development, as well as the first gated community; the stunning Perlita Gardens amongst The Atrium project in the Energy City Qatar.
With Qatar’s ambitious plans on growing its banking and financial sectors and developing media, telecommunications and private health care markets, the sustainability of a viable and competitive property sector is guaranteed for discerning homeowners and investors alike.
This is the time to make the right investment.
The Land Qatar offers attractive finance schemes and work with all banks in Qatar should homeowners or investors alike choose a mortgage loan.