(MENAFN- The Peninsula) joel johnson |
The Peninsula
Doha, Qatar: Events lined up in Qatar in 2023 and the years ahead affirm the country's path towards a stronger economy by attracting foreign businesses said real estate officials.
Speaking to The Peninsula in an interview, Zhanna Yerkozhanova, Managing Director at The Loft Bureau Real Estate said:“Upcoming events will help us attract more clients, and will enable us to promote the businesses and infrastructures which will in-turn strengthen Qatar's economy.”
The real estate expert elucidated that albeit having competitors in the industry, Qatar's vision of constructing state-of-the-art facilities will draw shareholders in the years to come.
She said that“In general, Qatar has its strategy and very well knows which directions they must take. We know about our neighbors like Dubai and how they are booming in real estate. Also, the US market is prospering because it is a friendly country and has some of the best infrastructures worldwide. So what I say to all these entities in Qatar is that if all of us work together to attract foreign investments, then it will be a very positive sign of flourishing businesses.”
In recent years, Qatar's burgeoning economy has augmented investments as the country offers promised incentives and benefits. Yerkozhanova mentioned that when individuals decide to put their money in this region, they expect an 'investment return'.
As the government is keen on promoting its tourism sector in the years ahead, individuals across the globe are optimistic about opting for Qatar due to its excellent and state-of-the-art-infrastructures.
She added that“People will desire to benefit and some of the clients will invest in 'holiday-destinations'. They prefer to choose that particular location because they want to spend time during the holiday. For example some of the clients from Europe would invest in leisure destinations where they can enjoy all the touristry facilities. So this is one of the most important criteria where developers have to take their attention.”
Since its inception in 2019, The Loft Bureau Real Estate has been covering all aspects of the real estate sector including property sales, rentals, and management by partnering with major clients in Qatar.
Alexander Hartmann, Managing Partner at The Loft Bureau Real Estate pointed out that there is a huge demand for expenditure especially among travelers exploring opportunities in the country.
He said:“While there is a high demand from individual investors, they would consider moving to Doha for vacation. ”He underscored that people will be looking forward to take advantage of the benefits offered in the region including a good healthcare system. He also stated that by residing in the Middle East, they can reach every other place in the world within just a few hours and the officials spent some effort and money into it. “In my opinion, the World Cup was pushing the government to complete the infrastructure. Now we have a great airport, highways, and patrol system just like any big international city. This is what attracts foreign investments,” Hartmann said.
With the top-notch amenities in-built over the past decade, Qatar is gearing up to host numerous events including Asian Football Cup, Qatar Grand Prix, and Expo Qatar 2023 among others paving the way for businesspersons to explore a wide spectrum of opportunities.