Regional Outperformer Still Packed With Premiumisation Potential

Forecast to register 5.5% GDP growth in 2009, Qatar's burgeoning hydrocarbon sector is allowing it to make light work of the global financial meltdown. By contrast, the UAE's economy is expected to contract 2.9% in 2009. Although a population of just 1.6mn stifles Qatar's appeal to volume-seeking investors, it remains a genuine high value investment opportunity for regional food and drink investors. By 2018, BMI expects Qatar's GDP per capita to climb well above US$100,000, which will further cement its standing as one of the world's leading premiumisation markets and is almost certain to bump up per capita annual food

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