This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

World Cup Sets Gulf Region Up for Construction Boost

First name: 


Last name: 


Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category


real estate  United States  Qatar  FIFA  Australia  World Cup 

By - Thursday 09 December 2010

The revelation that Qatar is to host the 2022 FIFA football World Cup has proved to be a blessing for real estate and construction firms in the Gulf region. A number of developers are already working in the Gulf state and others in the region are hoping to get some of the action from the tournament.

Qatar beat off strong competition from the US and Australia to earn the right to host the competition, which research has found will do more to boost a nation that any other sporting event.

Added to this, there already was a significant government spend planned for Qatar over the next ten to 15 years and this will now increase, according to Tony Saadie, executive general manager for Al Habtoor Leighton Group Qatar.

"The World Cup will now ensure that the expenditure will be accelerated. There will also be increased expenditure in the building sectors for projects such as hotels which prior to the World Cup win were not previously forecast as being greatly required," he explained.

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here



*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.

«« Back to IPIN Live

Follow IPIN Global

Latest Content

Recent Comments

Powered by Disqus