Tuesday 22 April 2014

Qatar to Open $17 Billion Airport Next Week After 6-Year Delay - Bloomberg

Qatar to Open $17 Billion Airport Next Week After 6-Year Delay - Bloomberg:



"Qatar plans to open a new $17 billion Hamad International Airport next week, six years behind schedule. 




Ten discount airlines, including FlyDubai, will move from the current airport to Hamad on April 30, an official at the country’s Civil Aviation Authority said, asking not to be named in accordance with policy. The remaining airlines, including Qatar Airways Ltd., will start using the new airport May 27, once first- and business-class lounges are finished.



Qatar is facing pressure to complete more than $200 billion of infrastructure, including a $35 billion metro system, a $7 billion port, and new highways, before hosting the 2022 soccer World Cup. The country has reduced the number of stadiums it will build to eight from 12 amid escalating costs."



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