Qatar infrastructure projects not impacted by falling oil prices


(MENAFN) Qatar's government said that its plans for large infrastructure investment plans are not going to be affected despite the continuous fall in oil prices, QNA reported.

Qatar is currently planning large projects, with USD182 billion worth in project outside the oil and gas sector including major real estate developments, a new metro and rail network, new roads and highways.

The Qatari government is expected to utilize the surpluses of 15.6 percent and 30.9 percent of GDP from the last two years to invest in these projects, with predictions that unless oil prices fall under USD67 per barrel, these projects will go on as planned as the country continues with its preparations for the FIFA World Cup in 2022.


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