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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. At this point, Qatar is one of the major suppliers of natural gas all over the globe with over 15 billion barrel of oil reserves it is expected for them to supply similar amount of natural gas for the next 23 years. 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{91f23a32914e9a12f4be77787ee53f7fa80b9a361923fb3a13fa931815267ae1} in one of London’s international airports meanwhile the Qatar airways are considered as a major stockholder in British airways since last year. Another plus factor is the fact that Qataris pay greater amount for a bottle of water compared to purchasing gas but despite the country’s great wealth they tend to be prudent with money matters. The frugality that they possess is even supported by a survey which indicates a significantly high number of business owners who prefer cheap or free services even if they can pay for greater services. A good example of this is the use of an online free letterhead maker instead of purchasing an expensive online application.

Moreover, Qatar is also the major supplier for the liquid natural gas needed by UK. This is such a good thing to hear knowing that one of UK’s fuel imports is natural gas which covers 30{91f23a32914e9a12f4be77787ee53f7fa80b9a361923fb3a13fa931815267ae1} of the said import. The geographical location of Qatar is one of the reasons why it continues to progress since the place where the country lies is known as a natural gas field. Indeed there is a great oil output in the country on a yearly basis but still people put significant emphasis on conservative approaches 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. With that being said, the QIA intends to invest in US, the expected amount for the investment is 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.