2022 is witnessing a major global sporting event, FIFA World Cup, and Qatar is the lucky host this season! As the event is an extremely important one, many changes can be expected from Qatar’s part, and it’s economy as well. Due to the necessity of having excellent infrastructure and facilities for hosting such a big event, major constructions will be initiated thus enhancing Qatar’s economy and popularity. Qatar world cup will result in tremendous opportunities in Qatar in sectors like construction, Security, Hospitality, Healthcare etc. With the arrival of millions of visitors, Qatar can expect long-term economic growth along with a rise in its international profile. And this leads to foreigners investing and establishing their business in the country and thereby improving the job market of Qatar.
After Italy in 1934, Qatar is the only country to host the FIFA tournament in which they have never played before and also holds the title of the smallest country in the world to host the event. For a country with a resident population below 3 million, this tournament is a big deal. Unlike Fifa, no other events can offer such huge global attention to a location and Qatar believes that this event will help them promote their country and will leave a lasting impression of their culture and hospitality in its viewers.
Qatar’s Chances of Being Economically Elevated
After the announcement of the FIFA 2022 hosting location, the Qatar stock exchange faced an increment of more than 7%. This leads to investors anticipating Qatar’s growth economically. Many investors have started investing in Qatar and started their business ventures in Qatar. This will assist local companies which handle Qatar’s infrastructure and construction in enhancing the country’s image and will bring a hike in Qatar’s tourism and hospitality sectors, Qatar’s transportation sectors, and even careers in Qatar Airways etc. Though the previous estimate of Qatar’s hike in the economy was around US$20 billion, it has now reduced to US$17 billion as the country lacks in its accommodation facilities for visitors of the world cup and the concerns raised against Qatar and Fifa for their human rights violation. Still, Qatar has arranged many other options like accommodation in neighbouring countries with shuttle flights for the visitors and has encouraged homeowners to rent out their extra apartments for tourists.
It is estimated that for the huge event, over 1 million people are going to visit Qatar and this will generate around 66 billion QAR by 2025. Qatar’s National Vision 2030 will be supported by this event to a great extent. Most of the visitors will be experiencing their first time visiting a middle-east country and this will be a great opportunity for Qatar to express their culture and their eye-catching tourist destinations. The Fifa world cup will help Qatar in creating an international profile impressive to its visitors and in the long run, this will be highly beneficial to Qatar’s Economy.
Other Benefits Qatar Can Expect From The World Cup
The Hotels and Food Industry is one of the fastest growing sectors in Qatar with an annual income of 29.8% and the Qatar world cup will provide huge demand for these sectors. Besides this, the FIFA world cup will lead to the reopening of air, sea and land borders between Qatar and the UAE. This will re-establish the commercial ties between the two countries. GCC nations will be given visas on arrival and thousands of visitors can be expected from there. This will increase the revenue of Qatar and also will provide the UAE with an option to give accommodation facilities to the visitors of the Qatar world cup. This collaboration between the two countries will enhance trade and growth opportunities for GCC Countries along with Qatar. And Qatar’s economic growth facilitates diverse investment options for investors from around the globe.
Qatar Can Expect a Rise in their PR
Besides an increased economy, Qatar is more likely to experience a hike in its public relations. As the country is open to a wide range of international audiences for a full month, its vibrant culture and infrastructure will be spotlighted to the world. This will improve Qatar’s relationship with foreign countries and will capture the attention of foreign investors. This event will allow Qatar to change stereotypes about Qatar like Qatar is a country of repression, violence etc and will help them to show their vibrant culture, freedom and futuristic ambience to the whole world. This will surely bring huge changes in the opinion of the world regarding this rich Gulf country and thereby improve Qatar’s public relationships with other countries.
Qatar World Cup Job Opportunities
Qatar is estimated to invest around $10 billion in infrastructure development related to the world cup. This opens employment opportunities for migrant workers and foreign contractors for importing building materials from abroad. 9 out of 10 Qatar world cup jobs are filled by foreign workers. Hence you can expect many vacancies in construction and maintenance. As there are certain speculations regarding low wages and bad treatment of migrant workers, make sure that you find work under a trusted contractor. Nevertheless, thousands were given Qatar world cup jobs in all these different sectors and FIFA also hires people to fill out various vacancies for their requirements as well.
Being the host of a global event like the FIFA world cup, Qatar can expect huge growth in their Economy. Many employment opportunities are open to both domestic and international workforce. Qatar world cup jobs are in many categories. As it is a big hosting event many employment opportunities are available in restaurants, construction, stadium security, stadium management, jobs provided by FIFA etc. Jobs in designations like Administrator, Procurement officer, Co-ordinator, Chef, Security guards, Stadium maintenance staff, Manager, Technical staffs, Cashier, Driver, Transport Officer, Steward and many more vacancies are awaiting local job-seekers and foreign job-seekers. You can expect a rewarding international exposure and excellent career growth by getting admitted to Qatar world cup jobs as they give you an experience worth remembering surrounded by an international workforce and audience.
