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Qatar New Projects worth $ 250bn
Post Last Edit by Falcon at 21-4-2011 08:43
Infrastructure investments are valued at $80bn, followed by oil and gas ($75bn), real estate ($55bn), and petrochemicals, and power and water investments valued at $11bn
Qatar’s ongoing projects are valued at over $250bn , with infrastructure being the lead sector attracting 34% of total investments, regional online business intelligence platform Zawya said yesterday.
Infrastructure investments are valued at $80bn, followed by oil and gas ($75bn), real estate ($55bn), and petrochemicals and power and water investments valued at $11bn, it explained.
The above information, based on latest research from Zawya, was released on the sidelines of the World Cup Construction Conference, hosted in Doha by Construction Week magazine. Zawya was a sponsor.
According to the findings, the highest-valued project is the Qatar Rail Network Programme, developed by the Qatar Railway Development Company, and valued at $42.9bn.
Next is Qatar North Gas Field Development, a Qatar Petroleum project at $20bn and The Pearl-Qatar real estate development by UDC valued at $14bn.
The New Doha International Airport was the second highest-infrastructure project in Qatar at $7bn. The Ras Laffan Petrochemical Complex, a Qatar Petroleum and Shell project, was valued at $6bn.
Dohaland’s Musheireb project and Lusail Real Estate Development Company’s Lusail City were valued at $5.5bn each, whilst Qatar Entertainment City, an Abu Dhabi Investment House project, was valued at $3bn. |
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