Football World Cup Seen To Provide Massive Boost Qatar Econo...| MENAFN.COM

Saturday, 25 June 2022 02:21 GMT

Football World Cup Seen To Provide Massive Boost Qatar Economy


(MENAFN- Gulf Times)

Qatar expects FIFA World Cup Qatar 2022 to add as much as $17bn to its economy.
The Gulf country is set to attract 1.2mn visitors, within its earlier estimated range of between 1mn and 1.5mn, Nasser al-Khater, Chief Executive Officer of FIFA World Cup Qatar 2022, said in a Bloomberg Television interview on Wednesday.
The tournament is set to showcase Qatar's rapid expansion to a Gulf metropolis, energy-exporting power and transit hub.
Al-Khater said the criticism over the World Cup was overlooking progress Qatar had made, pointing to legislation including minimum wages for workers and setting their employment hours.
To meet expected demand on accommodation for fans, Qatar has leased two luxury cruise liners, encouraged homeowners to rent their properties to visitors, and set up a system of shuttle flights so fans can stay in other nearby countries.
Thousands of rooms in many luxury hotels have been set aside for FIFA officials and players, and al-Khater said the country will provide more for visitors.
Qatar's Ministry of Commerce and Industry, Qatar Investment Authority and Investment Promotion Agency Qatar are the underwriters of the Qatar Economic Forum, Powered by Bloomberg. Media City Qatar is the host organisation.

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