Wednesday 18 December 2013

Qatar is suddenly investing heavily in the U.S., bankrolling D.C.’s City Center, other projects - The Washington Post

Qatar is suddenly investing heavily in the U.S., bankrolling D.C.’s City Center, other projects - The Washington Post:

"Eight years after Washington’s biggest construction project in two decades was launched, City Center was just a sad expanse of parking lots on seven blocks of prime downtown real estate, a project paralyzed by the economic downturn, according to city officials.

Then came Qatar. A tiny nation of sand dunes and salt lakes jutting into the Persian Gulf, Qatar has only about 250,000 citizens, but it is also home to the world’s largest natural gas field and, therefore, unimaginable wealth."

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