Qatar's purchase of stakes in engineering group Siemens and oil giant Shell follow a pattern of the Gulf Arab state investing to accelerate its domestic development and, in the case of Shell, underlines its long-term faith in commodity prices.
Infrastructure development is particularly important as the world's No.1 liquefied natural gas exporter implements a $95-billion public spending plan by 2016, spearheaded by its preparation for hosting the 2022 soccer World Cup.
The purchase of a $3 billion stake in Siemens, Germany's most valuable company, by a Qatari state-backed entity this month, reflects a broader trend in the region to step up infrastructure development, analysts say.
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