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US Investment – Qatar’s New Venture Plans to Maintain Country’s Wealth

Many people are quite aware of the fact that Qatar is considered as one of the wealthiest countries in the world with a significantly high levels of natural gas reserves. The amount of oil reserves that they are able to store is projected to supply gas for the coming years which is a good thing for countries that relies heavily with those resources. As of today, Qatar have already invested a big chunk of money in Britain, the investment is estimated ?35 billion moreover another investment is expected to happen for the next five years since they have plans in investing in UK’s energy resources, IT department and infrastructure.

The QIA or also known as Qatar Investment Authority holds 20% in one of London’s international airports meanwhile the Qatar airways are considered as a major stockholder in British airways since last year. In addition, Qataris doesn’t need to pay significantly high amount for gas compared to a bottled water however even if their economy is booming they tend to be prudent with the nation’s wealth. There was a study conducted which reveals that business professionals in Qatar tend to use cheaper or free services rather than spending their money on a much greater services. A good example of this is the use of an online free letterhead maker instead of purchasing an expensive online application.

Aside from the fact that the country has high investments in London, it was also revealed that the country is the major supplier of the LNG needs in almost all parts of UK, LNG refers to liquid natural gas . This is such a good thing to hear knowing that one of UK’s fuel imports is natural gas which covers 30% of the said import. The location of Qatar became its strengths as well, since the place is said to be known as a natural gas field. Even if there is a good source of oil output in country still many people are using conservative strategies in order to provide sustainability in the coming years.

Qatar has been providing an investment for approximately ?1 billion to UK each year, starting this year and for the next five years however the returns have actually slowed down compared to the past years which is quite disturbing. This is the main reason why the QIA plans to seek other countries where they can invest and make significant returns and apparently they go for US as their next target, they plan to go for an investment that is approximately worth $35 billion.

It is imperative that Qatar take into consideration new ways that will keep their country’s status high even if the country is considered as one the wealthiest countries all over the globe these days since many people are leaning towards renewable source of energy.

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