Global firms voice confidence in Qatar market


(MENAFN- The Peninsula) By Sachin Kumar / The Peninsula

Interior designers, manufactures and suppliers across the globe are showcasing their products at Index Qatar exhibition that began yesterday at the Doha Exhibition & Convention Center.
Companies across the world from furniture, interior design and lighting sector is participating in Qatar's fast growing fit-out and contractor market for interior designers that is likely to reach $1.5bn next year.
Sheikh Khalifa bin Jassim bin Mohammed Al Thani, Chairman, Qatar Chamber; and Hassan Al Ibrahim, Chief Tourism Development Officer of Qatar Tourism Authority, opened the three-day exhibition. They were joined by Oman's Ambassador to Qatar, Najeeb bin Yahya Al Balushi, and Italian Ambassador to Qatar, Pasquale Salzano, who toured the exhibition following its opening.
Sheikh Khalifa said that Index Qatar has witnessed a wide participation of specialised firms from many countries to showcase latest innovations, despite the unjust siege imposed on Qatar. This confirms the confidence of international companies in the Qatari market. He pointed out that the growth of construction projects in Qatar is progressing with rapid pace, shrugging-off the siege. This has led major international companies specialised in this field to showcase their innovations in Qatari market.

He stressed that Qatar is witnessing a growth in the construction market and real estate projects, in addition to the constant continuation of the projects related to 2022 World Cup.
This provides great opportunities for interior design companies to contribute to these projects.
He expected the exhibition to witness the signing of deals and alliances between Qatari and foreign companies in this sector.
Index Qatar Event Director Jaafar Shubber said that research and analysis conducted on the Qatari market showed that the value of the construction and interior decoration market for interior designers in Qatar will reach about $1.5bn next year, which is considered a major growth that Index Qatar will be able to contribute to achieving.
Shubber added that the exhibition is witnessing the participation of more than 50 local and international manufacturers and suppliers, bringing the latest furniture and decoration products to help equip hundreds of ongoing and future projects across Qatar.
He noted that the exhibition will witness daily seminars that will see the participation of renowned designers from the region and the world, as well as a series of interactive events and activities will be held on the sidelines of the three-day exhibition.

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