Thursday, 9 February 2017

Qatar To Spend A Total Of $200bn For 2022 FIFA World Cup

When the money is too much. Qatar is spending almost $500m a week on major infrastructure projects as it prepares for the 2022 Fifa World Cup, its finance minister has said.

Ali al-Emadi expected spending to continue at that level for three to four years as new stadiums, motorways, rail links and hospitals are built.

More than $200bn will be spent in total by the gas-rich emirate.

The 2014 World Cup in Brazil is reported to have cost $11bn (£8.8bn) to host, while Russia increased government spending on the 2018 World Cup by $321m to $10.7bn. Now imagine a nation spending $200bn.

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