The successful World Cup tournament of 2022 in Qatar has helped in boosting the GDP of the country as it grew by more than 4% in 2022 from 1.5% in 2021, according to a report by Cushman and Wakefield. The fourth quarter of the 2022 Real Estate Market review shows that hosting World Cup has led to the launch of multiple leisure and tourism projects across the country. This can help in supporting the hotel and tourism sector of the state for a very long time.
In the fourth quarter of 2022, new projects had been launched, including Doha Sands, Al Maha Island, Corinthia Yacht Club, Qetaifan Beach Clubs, and 974. The redevelopment of Doha Port was already on the verge of completion in the initial phase. Now, it includes the new Cruise Terminal and the MINA district that features retail markets, fish markets, and restaurants. Continue reading “Hosting World Cup 2022 Improved Qatar GDP”