Qatar Primed for Export Boost Supported by Robust Maritime Logistics Ecosystem
Milaha’s diversification strategy and sustainable development plan boost resilience, according to Oxford Business Group’s latest Covid-19 Response Report
Doha, October 04, 2021: A new Covid Response Report (CRR), produced by Oxford Business Group (OBG) in partnership with the maritime and logistics company Milaha, explores the potential for the country’s international trade volumes to recover this year as national efforts to diversify the economy gain momentum.
The CRR provides in-depth analysis of the country’s response to the pandemic in an easy-to-navigate and accessible format, focusing on key data and infographics relating to its socio-economic landscape.
The report shines a spotlight on the North Field expansion project, which will strengthen Qatar’s international competitiveness and cement its status as a global leader in the LNG export market.
Other topical issues examined include the projected long-term decentralisation and diversification of global supply chains, with manufacturers expected to rethink their strategies on the back of the disruptions caused by the Covid-19 pandemic.
The CRR includes an in-depth interview with Abdulrahman Essa Al Mannai, President and CEO, Milaha, in which he outlines the company’s future plans and explains how it adjusted its operational priorities and business strategies in response to the Covid-19 pandemic.
“Milaha has plans to expand service offerings and enhance core sectors, namely offshore marine operations, supply chains and maritime services,” he said. “The group’s strategy is to centre its activities around core marine and logistics needs. To this end, Milaha added a fourth core business pillar to its operations: marine and technical services.”
Jana Treeck, OBG’s Managing Editor for the Middle East, said that while Qatar, like the rest of the region, was hit hard by the pandemic and the sharp decline in hydrocarbon prices in 2020, its economic recovery is expected to gain pace this year.
“Qatar is set to benefit from its strong relations with high-growth markets in Asia, where rising demand for LNG and downstream products will boost exports in 2021 and beyond,” Treeck said. “Looking ahead, we expect the ongoing development of downstream industries and emerging growth engines to further boost external trade and support Qatar’s efforts to diversify its economy, in line with the targets mapped out in the National Vision 2030.”
The CRR on Qatar forms part of a series of tailored reports which the global research and advisory company is currently producing with its partners, alongside other highly relevant, go-to research tools, including a range of country-specific Growth and Recovery Outlook articles and interviews.
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