Well it’s not a thing to be astonished that, everywhere,, centering some global programs, business accelerates at fast pace. Whenever our locality has any grand functions or programmes, ads and festoons covers most of the walls there. Literally that’s a way of expanding business only. So certainly, beyond doubt, centering the global & grand event of Qatar World Cup, 2022, there will be enormous boost in the business around the whole world.
Background of the world cup
Qatar has successfully won the bid to conduct the Football World Cup, to be help in 2022. This can be observed with multiple perspectives. Generally it would boost the Qatar’s as well as other nation’s industrial efficiency and every country participating in it would generally be the business representative. The regional car rental corporations, Travel agencies all over the world, Hotels-Bars-Restaurants, all would get hugely benefited by this.
The Qatar world cup has already opened a new horizon for the US Companies to dive in with an enormous value of approximate $10bn. The peripheral companies are open for making business deals with Qatar since; they will be in joint venture to the host nation, contributing towards 200 projects that had been estimated to be launched as a preparation to the World Cup. Apart from industrial business, some extraordinary technological display would make the fans and players witness, a whole new level of World cup hosting.
Qatar officially announced of installation of technologies to harness the energy from sunrays to use it in conditioning the stadium with cool air. They further added that there will be some backup options like storing of solar powers within grids, to reuse them in match. All will be contributing to the prosperity of Qatar’s economical development.
Opportunities for travel agencies and industries
Nevertheless, Qatar World Cup is going to attract people all over the world. And for funneling the people globally on Qatar, travel industries and their agencies are the only means. Airlines and their collaborations with the different countries would help agencies to schedule and fix monetary rate for taking people to the venue.
Just imagine the population pressure on the Qatar that will accommodate each nuke and corner of the 10 stadiums nominated for the World cup. And majority of them would be migrant fans, who are already planning a scheduled trip with any of their favoured agencies. It should be kept in mind all the international travel support will finally link to the Qatar’s travel office pouring individual parts of profits in the economic sink of Qatar.
Opportunities for restaurants and hotels
AH! Nothing can be more impetuous than getting warmed at the best hotels after watching the best matches. That’s the opportunity, the hotels and restaurants and bars are looking for. They are the major centres principally for the foreign migrants, to provide well-conditioned accommodation.
Statistical research says that, there is going to be immense pressure on the aforesaid aspect and so, Qatar Government has come up with an approach of setting up new hotels and restaurants for the immigrants to have the foods and proper accommodations. Besides, a new way, Cruise Housing is also improvised! Via this, you can be able to reside in a massive cruiser, while floating in the middle of the sea. Surely, a new economical elevation waits in Qatar’s accommodation business.
Opportunities for car rental companies
With a population of just 1.7 Million, Qatar is ready for playing a ‘Bold gamble’ in the upcoming 2022 world cup. And the responsibility to facilitate timed departure and arrival, from and to the venue, is laddened completely over the car rental corporations. Yes! The local association have already started amending their schedules and sharpening their rates.
The hotels and Restaurants that are located in a distance are the main target of these corporations. They are hired for taking the passengers to the venue on time. Joint investment has already started in this respective area, in call of the World Cup.
Needles to mention, with this huge budget, that Qatar is planning to spend for giving the world a memorable experience, joint ventures of different companies are of special aid. Qatar has already dedicated business opportunities, worth of 1.4 billions, to the local Small-Medium Enterprises in the Moushtarayat Conference, held in 2017.
One of the important joint venture treaty, which was witnessed in the Moushtarayt Conference, was the Joint venture of PORR Qatar, MIDMAC, who had been assigned the valuable task of building Al Wakrah Stadium, which would be hosting the Quarter-final stage. Joint ventures of Qatari Contractor HBK Contracting Co. And CRCC is selected to take the burden, for building Lusail Stadium.
Other business blooms
With the bid winning of Qatar, the stock market had been already sent soaring. Not just of monetary business deal, but Qatar has been reported for being over whelmed at other factors too. Like, they will be now able to bridge the gap between the difference in the views of Middle East and European nations regarding culture.
They have confronted the world of inauguration of numerous sports club, restaurants and hotels and other errand programs. Special commodities will be launched by the different companies for promoting themselves, besides increasing the world cup fever. Measures are already in progress to shape the financial infrastructure of Qatar and thus promoting it to next level, by allotting over $100bn on public-private partnership models.