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Qatar to Pay Cash for 2022 World Cup Infrastructure

Qatar to Pay Cash for 2022 World Cup Infrastructure

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James M. Dorsey
Feb 09, 2011
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The Turbulent World with James M. Dorsey
Qatar to Pay Cash for 2022 World Cup Infrastructure
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Qatar will foot with cash the US$70 billion price tag for infrastructure needed to host the 2022 World Cup, according to the head of the International Bank of Qatar (IBQ).

IBQ Managing Director George Nasra says that oil and gas projects in Qatar are likely to produce a $130 billion budget surplus in the next five years, ensuring that World Cup infrastru…

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