Qatar's USD 19 Billion Investment Plans for 2024
Qatar's Ambitious Investment Drive: Qatar has announced groundbreaking investment plans for 2024, aiming to spend over QAR 70 billion (USD 19 billion) on a multitude of projects.
Key Players: These plans involve the collaboration of the Public Works Authority (Ashghal) and the Qatar General Electricity and Water Corporation (Kahramaa), who will jointly implement 395 projects.
Ashghal's Contributions: Ashghal is set to release 116 tenders, with a total value of QAR 59 billion (USD 16.2 billion), focusing on various infrastructure projects.
Kahramaa's Involvement: Kahramaa's contributions include 279 tenders, amounting to QAR 8.9 billion (USD 2.4 billion), spanning across sectors such as water and electricity networks.
Building on Success: These plans build upon the success of 2023's development initiatives, which saw 22 new projects, including land development, road improvements, and beautification projects.
Diverse Sectors: Notably, key government entities, including the Ministry of Public Health, the Ministry of Education and Higher Education, the Primary Health Care Corporation, and Aspire Zone Foundation, drive 70% of Qatar's tenders in 2024.
Economic Diversity: Furthermore, 85% of these tenders span five core economic sectors: information and communications technology, wholesale and retail trade, construction, professional, practical and technical activities, and administrative and support service activities.
Launch Schedule: The ambitious project schedule includes 1,570 tenders in Quarter 1 (65% of the total), 642 tenders in Quarter 2, 240 tenders in Quarter 3, and 76 tenders in Quarter 4.
Your Business Partner: Business Start Up Qatar offers comprehensive support for your business endeavors, from Market Research and Assessment to Business Model Development and Company Formation in Qatar.
Exploring Opportunities: Dive into the wealth of opportunities and initiatives in the State of Qatar by clicking on the provided link. Your journey to success begins here.
Join the Investment Wave: Seize your opportunity to be part of Qatar's transformative investment wave. Explore how your business can thrive in this dynamic environment. Dive into Qatar's future today!
Key Players: These plans involve the collaboration of the Public Works Authority (Ashghal) and the Qatar General Electricity and Water Corporation (Kahramaa), who will jointly implement 395 projects.
Ashghal's Contributions: Ashghal is set to release 116 tenders, with a total value of QAR 59 billion (USD 16.2 billion), focusing on various infrastructure projects.
Kahramaa's Involvement: Kahramaa's contributions include 279 tenders, amounting to QAR 8.9 billion (USD 2.4 billion), spanning across sectors such as water and electricity networks.
Building on Success: These plans build upon the success of 2023's development initiatives, which saw 22 new projects, including land development, road improvements, and beautification projects.
Diverse Sectors: Notably, key government entities, including the Ministry of Public Health, the Ministry of Education and Higher Education, the Primary Health Care Corporation, and Aspire Zone Foundation, drive 70% of Qatar's tenders in 2024.
Economic Diversity: Furthermore, 85% of these tenders span five core economic sectors: information and communications technology, wholesale and retail trade, construction, professional, practical and technical activities, and administrative and support service activities.
Launch Schedule: The ambitious project schedule includes 1,570 tenders in Quarter 1 (65% of the total), 642 tenders in Quarter 2, 240 tenders in Quarter 3, and 76 tenders in Quarter 4.
Your Business Partner: Business Start Up Qatar offers comprehensive support for your business endeavors, from Market Research and Assessment to Business Model Development and Company Formation in Qatar.
Exploring Opportunities: Dive into the wealth of opportunities and initiatives in the State of Qatar by clicking on the provided link. Your journey to success begins here.
Join the Investment Wave: Seize your opportunity to be part of Qatar's transformative investment wave. Explore how your business can thrive in this dynamic environment. Dive into Qatar's future today!
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