$ 100 billion from Qatar to transportation infrastructure: It is reported that Qatar, which is rich in natural gas from the Gulf countries, plans to spend $ 100 billion on road and rail projects to improve its transportation infrastructure.
According to the report published by the Kuwait Finance Center, Qatar, like many other Gulf countries, still does not have a railway network. It is stated that the government has accelerated the construction of the railway due to the traffic congestion and accidents that have become more chronic.
Finally, the government established the Qatar Railway Development Company. This company will be responsible for railway projects that cost $ 41 billion and are under construction or planning.
EXPECTATIONS VERY HIGH!
Projects include the Doha Metro, passenger and cargo lines. Work continues on the West Bay and Luseyl light rail system for passenger transportation.
Experts noted that with Qatar to host the 2022 FIFA World Cup, more than half a million visitors are expected to come to the country, and therefore infrastructure projects have gained importance.
According to estimates, the cost of railway projects under construction or planned in the Gulf Cooperation Council, which consists of six member countries, reaches 160 billion dollars.
Source : I ekonomi.haberturk.co