Deep Pockets Fund Major Infrastructure in Qatar

More than $200 billion worth of projects are either planned or underway in Qatar, and nearly half of them are infrastructure.
February 4, 2011, 7am PST | Nate Berg
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"Total government capital expenditure, as a proportion of total revenues, has increased from 28% in 2005-06 to a budgeted 43% in 2009-10, it said.

Qatar's government invests a large proportion of energy revenues in improving the country's infrastructure, and diversifying and expanding its economic base.

Foreign and domestic private capital is encouraged through privatisation, outsourcing of public services and the development of industrial zones."

It recent announcement as host of the 2022 World Cup has fueled a boost to overall spending in the country, especially for infrastructure projects.

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Published on Thursday, February 3, 2011 in Gulf Times
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