Qatar to showcase development plans
01 January 2012
QATAR’S ambitious development plans over the next decade and beyond will be put under the spotlight once again at the annual Qatar Projects conference next month.
Organised by Meed Events, the four-day event will be staged from February 5 to 8, at the Grand Hyatt Hotel in Doha, Qatar.
The event will be held under the patronage of Dr Mohammed bin Saleh Al Sada, Qatar’s Minister of Energy and Industry and chairman and managing director, Qatar Petroleum.
According to Meed, more than $106 billion worth of major projects will be awarded between now and 2022, with significant investment in oil and gas, heavy industry, electricity generation and water desalination, social infrastructure and transportation links. “With Qatar’s high-profile hosting of the Fifa World Cup Finals in 2022, a major coup for the country and indeed the region, the government has committed to an extraordinary programme of capital investment that will ramp up over the next 10 years to develop a world-class infrastructure to underpin an investment-friendly business and leisure destination,” said Edmund O’Sullivan, chairman, Meed Events.
The coming 12 months will see a raft of tender announcements with the contractor selection process already under way for the country’s $20 billion expressway programme, with the $35 billion QRail project set to post a call for contracts by July this year.
“The scale of opportunities is unprecedented, and Qatar Projects 2012 will also provide exclusive insight into the country’s long-term blueprint for economic success as part of Qatar Vision 2030, with anticipated investment of up to $100 billion,” added O’Sullivan.
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