Qatar expo to focus on project investment push
Manama, April 21, 2011
International and local business players are looking at opportunities in the booming Qatari economy, which has infrastructural investment plans estimated at over $100 billion in the next 12 years.
Apart from fast-tracking its rail, road and sea infrastructure projects in view of its hosting of the 2022 World Cup, Qatar has planned mega projects in almost all sectors.
The upcoming Project Qatar 2011, the international trade exhibition for construction technology, building materials, equipment and environmental technology, will be held at the Doha Exhibition Centre from May 2 to 5. More than 1,700 regional and international exhibitors have already confirmed their participation.
'The Qatari economy was not only able to show resilience to the global economic downturn, it continued to provide enormous opportunities as the government went ahead with its infrastructure investment plans in line with its National Vision 2030,' said Project Qatar manager Michel Gebrael.
'It is an apt time to tap into these opportunities and Project Qatar 2011 is an ideal platform to those who want to be a part of this growth story.'
Among the key investments that Qatar has planned include a $13 billion new international airport by 2013, $20 billion towards road and highway projects, $40 billion for the Doha Metro project, $4 billion for constructing nine stadiums and renovating three existing ones in preparation for the 2022 World Cup, and the bridge between Qatar and Bahrain.-TradeArabia News Service