Qatari Ambassador to Mexico: Qatar’s Economy One of the World’s Fastest Growing Economies

HE Ambassador of the State of Qatar to the United Mexican States Mohammed bin Jassim Al Kuwari emphasized that Qatar’s economy is considered one of the fastest growing and dynamic economies in the world, driven by the wise policies the country peruses to motivate all sectors, as there is stability in the economic growth and gross domestic product.

HE the Ambassador said in a lecture he gave in the governmental University of Puebla in Mexico, within the framework of the ‘Second International Congress’ that the State of Qatar aims, through its policy and vision, to create a suitable business environment for its people ambitions and aspirations. Therefore, the State’s wise leadership has allowed to boost economic activity by encouraging the non-Qatari capital investment in Qatar, as well as the state’s investment abroad.

The State of Qatar is considered among the world’s best countries in terms of investment safety, which is due to the state’s efforts in fighting corruption, he also added.

He clarified that the State of Qatar has utilised resources from the gas sector, developed the State’s investments in the infrastructure, utilities, hydropower and electricity, through using advanced technology and the State’s methodology based on sustainable development.

The State of Qatar has expanded its investments in the field of energy to deal with several countries such as Mexico, where Qatar petroleum have been awarded oil exploration and production contracts in the Mexican gulf, he indicated.

His Excellency pointed out that the State of Qatar has stood out in the sustainability in the construction projects of FIFA World Cup Qatar 2022, through which it has adopted the principle of sustainability and heritage, utilising technologies that endorse water conservation, use of sustainable energy and managing carbon emissions.

HE Ambassador of the State of Qatar to the United Mexican States talked about the significance of the “Qatar National Vision 2030”, which enjoys the region and the world praise for its focus on human and economic development.

Source: Ministry of Foreign Affairs