Qatar's Transportation Market Soars to USD 9.9 Billion, Presents Lucrative Investment Opportunities
Qatar's transportation sector has achieved a market size of USD 9.9 billion, securing the nation's second position in the region for logistics efficiency. The government's substantial investments in the transport sector have played a pivotal role in this remarkable growth. Strategic Location and Market Share: Qatar's strategic location in the heart of the Middle East provides access to key markets, resulting in an impressive market share of QAR 36 billion (USD 9.9 billion). The global logistics market is projected to reach QAR 65.5 trillion (USD 18 trillion) by 2030, with a Compound Annual Growth Rate (CAGR) of 10.7% from 2023 to 2030. Infrastructure and Connectivity: With over 2 billion residents within 3,000 kilometers, Qatar benefits from Hamad International Airport and Hamad Port. Hamad Port, with the world's deepest artificial basin, connects to 40 ports across three continents, handling diverse cargo and attracting major shipping companies. Aviation Sector C