Brazil and Qatar, some of the best places to invest in the world
Examiner, Sept 18, 2009
BRAZIL
Brazil has the added advantages of excellent infrastructure, an integrated transportation network, advanced manufacturing expertise, a highly-skilled workforce and low labour costs. Progressive regulatory systems and long-term ‘green’ government policies, along with generous tax incentives, make investing in the renewable energy industry a breeze. The sector is poised for spectacular growth, creating unparalleled opportunities for strategic partnerships and investment to develop and commercialize competitive technologies, manufacture products or provide services to this fast-growing industry.
Brazil which has several prime areas for property investment including the popular north east region where luxury properties are priced at a fraction of what you would expect to pay in an equivalent resort in Europe.
Investors who entered the market early on have already seen excellent capital appreciation, according to the AFIRE survey and this trend is likely to continue, according to the Association for the Real Estate and Tourism Development in northeast Brazil.
The 2014 World Cup is widely expected to attract further investment and tourism. In preparation the Government is spending $250 billion over the next six years on airports, roads, sanitation and hydroelectric power.
Add to that an emerging middle class with greater spending power and government plans to finance one million affordable new homes by 2010.
QATAR
Qatar had the highest economic growth in the world in 2009.
The Gulf state's economy will expand with a real gross domestic product (GDP) growth of 9.6 percent, said QNB Capital.
Qarar is one of the richest countries in the world . Qatar discovered huge reserves of oil and gas in the 1940s,that completely transformed its economy.
Qatar offers most of its services to its citizens for free and has no income tax. The amount of money they get from selling oil is more than enough for their small yet thriving economy.
Oil and gas have made Qatar the second highest per-capita income country - following Liechtenstein - and one of the world's fastest growing. Proven oil reserves of 15 billion barrels should enable continued output at current levels for 37 years. Qatar's proved reserves of natural gas are nearly 26 trillion cubic meters, about 14% of the world total and third largest in the world.The Qatari government has an aggressive policy of turning Qatar into a regional center of excellence. Qatar's Government is planning to invest $130 billion in infrastructure over the coming 5 years. With the present economic condition, the Qatari government will continue implementing projects such as the $5.5bn New Doha International Airport, the $5bn Al Khor Tourism Project, the $5bn Lusail Real Estate Project and the $2.5bn Energy City.