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Tuesday, 6 December 2016

Qatar to spend $13 billion on megaprojects in 2017 | The National

Qatar to spend $13 billion on megaprojects in 2017 | The National:
"Qatar will invest up to US$13 billion in major infrastructure projects next year despite a slump in revenues resulting from low energy prices, the Gulf state’s finance minister said on Tuesday.

Ali Shareef Al Emadi predicted growth of 3.4 per cent in 2017, in line with an International Monetary Fund estimate and up from a projected 3.2 per cent this year.

"Increasing the investment in mega projects reiterates the country’s commitment to achieving its goals," Mr Emadi told delegates at a Euromoney conference in Doha."

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