FINANCIAL NEWS

Qatar’s foreign direct investment hit USD30.69b in 2012

23 Mar 2015

(MENAFN) Qatar’s foreign direct investment (FDI) recorded USD30.69 billion in 2012, marking a 1.2 percent increase with 44 percent of investments taking place in the mining sector, according to the MDPS, Gulf Times reported.

Four major economic sectors accounted for 91 percent of the Qatar’s total inward FDI, which was 16.2 percent of gross domestic product at the end of December 2012, MDPS said in its foreign investment survey 2013.

Manufacturing, building and construction and professional, scientific, technical, and administrative and support services sectors’ share had been 22 percent, 14 percent and 11 percent respectively in 2012.

The US contributed 34.5 percent to Qatar’s FDI stocks in 2012, followed by Netherlands with 15.3 percent, France with 10.6 percent, and Saudi Arabia with 8.1 percent and Italy with 6.3 percent.

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