Wednesday 16 April 2014

The Peninsula Qatar - Qatar to invest QR664bn in infrastructure

The Peninsula Qatar - Qatar to invest QR664bn in infrastructure:



"Qatar will invest around QR664bn in infrastructure, excluding projects in oil and gas sector, in the next five years, said H E Sheikh Ahmed bin Jassim Al Thani, the Minister of Economy and Trade yesterday.  




“The building materials manufacturing sector is particularly important in Qatar in light of the unprecedented boom in the construction and real estate sector,” said the minister while addressing a conference organsised by the GCC and Yemen Building Materials Manufacturers Forum. 



“It is expected to have an exponential rate of building materials manufacturing activities to execute infrastructure megaprojects. In fact, the estimated value 

of the projects to be executed in the five coming years is QR664bn without including oil and gas projects or private sector ventures,” he said. "



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