778-Som-Lalit Institute Of Business Management - Gujarat ...

6. Sports Sector
Investors who are looking for a reliable and steady return in capital they should
invest in infrastructure projects focus their attention in Middle East region, according
to ―Infrastructure Investment Index‖ report published by global built assets
consultancy EC Harris.
In the Middle East rankings, Qatar and the UAE were both placed in the top five in
the final rankings, finishing in second and fourth position respectively.
This report also shows the scale and volume of opportunities that is present across
the Middle East particularly in Qatar where a major capital investment program is
already underway to enhance the Qatar‘s infrastructure before the 2022 FIFA world
cup. Qatar estimates $100 billion is to be allocated to infrastructure projects including
sport infrastructure.
Why Sports Infrastructure Industry In
Qatar
Qatar is planning to develop itself as a global sporting destination. So sport
infrastructure development has enjoyed unfettered supports of Qatar‘s government.
Since 2004, Qatar hosted various prominent international competitions like marine
sports football, cycling, golf, tennis.
Qatar is now setting its sights on FIFA 2022world cup and 2020 Olympic Games.
Hosting such high-profile events would evaluate Qatar‘s profile on the world stage as
well as accelerating infrastructure development and this would help to diversify the
economy of Qatar away from hydrocarbons.
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