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Wed 13 Jul 2016 10:23 AM

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Qatar says invests $27bn per year in infrastructure

Investments include water projects and public infrastructure for 2022 World Cup

Qatar says invests $27bn per year in infrastructure
The West Bay skyline of Doha, Qatars capital city, as seen from the Corniche ahead of the 2022 FIFA World Cup Qatar on December 29, 2015 in Doha, Qatar. (Getty Images)

Qatar has invested QR100 billion ($27 billion) annually on infrastructure, industry and housing since 2010, according to a minister.

Investments have included new highways and economic zones as well as stadiums and other public infrastructure to host the Qatar 2022 World Cup, Mohammed bin Abdullah Al Rumaihi, minister of municipality and environment, told a conference in Singapore on Tuesday.

According to state news agency QNA, Al Rumaihi said water, environment and development were the top three priorities for Qatar, and that it must work to find overcome challenges such as water scarcity in the desert state. Qatar’s water production will reach 500 million gallons a day by 2019, he noted.

The Peninsula on Wednesday reported work is under way to complete Qatar Electricity and Water Company’s QR11 billion ($3 billion) Umm Al Halul Power Plant outside Doha, intended to boost water and electricity production.

When completed, the plant will produce 2,520 megawatts (MW) of electricity and 136 million gallons of water a day — a 22 percent increase in the current electricity output and a 25 percent increase in water production, the newspaper said.

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