

New constitution introducing democratic tools
Rising assertion on the international scene
1 million inhabitants
6.5% growth
70% foreigners
Wealthiest regional population
GDP: US$53 billion, real growth: 8.8%
GDP per capita: US$54,000
Fast expanding economy, increasingly oil and gas reliant despite a will to diversify.
Numerous tourism and real estate projects with specific focus on education and sports.
Retail surface expected to almost double by 2010. Retail scene evolving with Villagio opening and retail developments within real estate projects.