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Posted On: 26 July 2016 10:23 am
Updated On: 12 November 2020 02:16 pm

Qatar Ranks 14th in Global Competitiveness Report; stands first in region

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The State of Qatar has achieved first rank regionally and 14th globally in the Global Competitiveness Report 2015/2016 among 140 other countries.

According to a statement made by The Ministry of Transport and Communications today, the World Economic Forum's report affirmed that Qatar has been able to advance its global ranking two degrees from 16th in last year's report, to 14th in the new one, having obtained 5.3 points.

Qatar also made a qualitative leap in the field of road infrastructure quality resulting in an increase of 13 degrees this year, after obtaining 5.4 points and ranking 21st in the world in this report, after being ranked 34th in the previous one.

The report said that the classification of the State of Qatar has moved up 9 points in the field of port infrastructure quality, thus obtaining 5.6 points and ranking 15th worldwide, compared to last year's 24th place.

Qatar's classification also continued its progress in the field of airport infrastructure quality, to reach 7th place globally in the current report after obtaining 6.2 points compared to the 12th place in last year's.

The Ministry of Transport and Communications added that it is drafting a long-term strategy and policy for the transportation sector in Qatar, which will serve as a pivotal achievement for Qatar's National Vision 2030, as the infrastructure for the transport sector and its services are considered essential pillars in the daily life of all citizens and businesses. Furthermore, the synergy and coordination of all the parties involved in the transport sector under the supervision of the Ministry of transport and communications, ensure development and secure the ability to deliver a world-class infrastructure for the transportation sector.

This modern sector targets achieving financial and environmental sustainability, innovation and access to comprehensive and ideal services, as well as attracting and enabling economic diversification.

The Global Competitiveness Report provides a comprehensive image of the competitive environment in the countries of the world through data collection in 12 primary categories of competitiveness, namely: institutions, innovation, macroeconomic environment, health, primary education, higher education and training, market goods efficiency, labor market efficiency, financial market development, technological readiness, market size, and the progress of business and innovation. (Source)