Qatar World Cup 2022
Qatar is just 10 years away from hosting the world's leading sporting event, the 2022 World Cup. However, the question posed by experts at this juncture is, whether Qatar is going too slow in its World Cup preparations, given the huge infrastructure projects that it has on its agenda. Experts are pointing out to the fact that a well-developed country such as Germany, required more than 10 years to ready the stage for the 2006 World Cup.
In comparison to the earlier host countries, the infrastructure gap in Qatar is huge and is far from ideal. Hence an early preparation is vital for Qatar, particularly for expansion of its public transportation network. One of the sticking point here is the delay in launch of rail network, which is a major component for this mega event to be successful.
Qatar’s victory over the FIFA 2022 World Cup bid is likely to boost the infrastructure projects happening in the country, worth more than $100bn, based on Public-Private Partnerships (PPPs) model, said an official, representing the market research group.
Direct investments worth several billion dollars will be made in Qatar to build football stadiums and other infrastructure facilities, following announcement of awarding the FIFA 2022 World Cup hosting rights to Qatar, said Ed James, the Head of MEED (Middle East Economic Digest) Insight, when speaking during the launch of ‘The GCC Infrastructure Guide’ during a media conference here.
Qatar won the bid to host the 2022 FIFA World Cup, and has become the first Middle Eastern country to host the World Cup soccer. Qatar won the bid, despite stiff competition from United States, Australia, South Korea and Japan to host one of the major sporting events in the world. Qatar’s victory has already sent its stock market soaring.
The FIFA President, Sepp Blatter, announced that the 22 executive committee members had voted to award the 2022 tournament to Qatar, a country with a population of only 1.7mn. Qatar had appealed to FIFA to take a “bold gamble” by taking the World Cup to a region, where football is popular, and is growing to be a world player in global sport.
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