Rising infrastructure projects open doors for businesses in Qatar

Doha, Qatar: Qatar is in the brisk of emerging as a global trade hub with swiftly enhancing infrastructures and growing business opportunities for sev...

Doha, Qatar: Qatar is in the brisk of emerging as a global trade hub with swiftly enhancing infrastructures and growing business opportunities for several companies that were introduced into the market over the past decade.

This has paved the way for numerous Austrian-owned firms in the country as the economy and GDP growth remain buoyant.

In an interview with The Peninsula, the Commercial Counselor at the Embassy of Austria in Qatar, Andreas Stauber, highlighted the country’s robust bilateral business relations along with joint ventures planned for the year.

He mentioned that a few Austrian companies will soon join the market in 2024 as talks are going on with their subsidiaries and partners in Qatar.

He said: “I think a lot would depend also on the upcoming projects here because Austrian companies follow the market.”