Qatar May See $100 Billion of Projects in Four Years (Update1) - BusinessWeek

The Qatari government and state- owned companies plan to spend as much as $100 billion on infrastructure projects within the next four years, Finance Minister Yousef Hussain Kamal said today.

“The main projects are roads, sewage treatment, water treatment, and infrastructure like ports and airports,” he told reporters in Istanbul at a Turkish-Arab economic conference.

The Qatari economy, which depends on oil and gas revenue, may expand 18.5 percent in 2010, according to the International Monetary Fund. Growth may slow to 14.3 percent next year, the IMF says on its website.