Qatar to spend $200 billion for 2022 Football World Cup preparations
Qatar is reportedly planning to spend $200 billion over the next decade as it prepares to host the 2022 FIFA World Cup.
According to Sport24, $140 billion from that amount will be for transportation, infrastructure including a new airport, roads and a metro system to deal with the 400, 000 fans expected for the month-long tournament.
The report further said that another $20 billion would go into tourism infrastructure as the Gulf nation expects the amount coming from the number of tourists to reach $3.7 million annually by 2022.
Qatar was awarded the World Cup in December 2010, beating out the United States, Australia, Japan and South Korea, the report added.
- Oman’s Duqm tourist complex moves forward with government approval
- Kuwait fights budget deficit: Reexamining government salaries, expatriate labor
- Tunisian Confederation of Industry, Trade, and Handicrafts fights nationwide unemployment levels
- Construction costs fall in Dubai
- Western tourists flock to Iran, could generate $30B in new revenue
- Qatar to spend 200 bln dollars for 2022 World Cup
- Qatar plans to spend $140 billion on transportation
- Qatar accused of working 1,200 migrants to death for 2022 World Cup
- FIFA satisfied with preparations for 2022 Qatar World Cup
- Why Qatar could still lose its World Cup bid, despite spending billions to change its climate