Qatar plans to launch around $38.5 billion in infrastructure projects over the next five years, including public-private partnerships, alongside a $22.5 billion pipeline of real estate and hospitality developments aimed at attracting private investment.
Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani announced the plans at the Qatar Economic Forum in New York, where he also introduced Doha Investment, a platform intended to manage and expand the Qatar Investment Authority’s domestic portfolio.
The combined pipeline represents more than $60 billion in potential investment over five years. Doha Investment will focus on increasing private-sector participation, supporting established and emerging companies, developing Qatar’s capital markets, and attracting international capital and expertise, according to the announcement.
The platform will initially oversee 45 state-owned enterprises, representing about one-third of QIA’s assets. The portfolio includes Qatar National Bank, Qatar Airways, Ooredoo, Qatari Diar and Katara Hospitality.
The infrastructure program will include PPP projects, while the real estate and hospitality pipeline includes the $5.8 billion Simaisma Beach development. The government said the strategy will also support national companies, privatization efforts and broader private-sector participation in the economy.
Source: Fast Company Middle East
