Thursday 23 June 2022

#Qatar Football World Cup to Add Up to $17 Billion to Economy - Bloomberg

Qatar Football World Cup to Add Up to $17 Billion to Economy - Bloomberg

Qatar expects November’s soccer World Cup to add as much as $17 billion to its economy, lower than a previous estimate of $20 billion.

The Gulf country is set to attract 1.2 million visitors, within its earlier estimated range of between 1 million and 1.5 million, Nasser Al Khater, chief executive officer of FIFA World Cup Qatar 2022, said in a Bloomberg Television interview on Wednesday.

Qatar wants to use the tournament to showcase its rapid expansion from a small pearl-diving enclave to Gulf metropolis, energy-exporting power and transit hub. Still, the tournament has been beset with controversies, including over the treatment of migrant workers many from poorer countries.

Al Khater said the criticism was overlooking progress Qatar had made, pointing to legislation including minimum wages for workers and setting their employment hours.

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