Qatar to reschedule 15 percent of planned projects, say sources « ASHARQ AL-AWSAT

Qatar to reschedule 15 percent of planned projects, say sources « ASHARQ AL-AWSAT:



"Qatar is likely to reschedule about 15 percent of its planned building projects for coming years and go over budget, amid a push to complete preparations for the 2022 World Cup soccer tournament, sources familiar with government policy said.



After it won the right to host the World Cup in 2010, the tiny nation, with a population of about 2.1 million, announced plans for a raft of projects that would transform it over the following 15 years. They include a new airport, roads, port facilities, railways, stadiums and other infrastructure.



The government has not released a comprehensive, detailed schedule of its construction plans, but analysts estimate they will cost between 140 billion and 200 billion US dollars through the early 2020s, paid for with the country’s vast natural gas wealth. This is expected to provide a bonanza to the foreign construction firms that will do much of the work."



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