Malaysia investors urged to look at Qatar

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The planned hyper-modern Al Shamal Stadium for the FIFA World Cup 2022 in Qatar

The rapidly developing Gulf nation of Qatar is inviting Malaysian investors, contractors and businessmen to invest in the country, Malaysia’s Chief Secretary to the Government, Datuk Seri Dr Ali Hamsa, was quoted as saying by news agency Bernama.

He added that “lot of opportunities existed for the Malaysian private sector exist in Qatar.”

Hamsa said that Malaysian players had slowed down their investments in Qatar now compared with 2006-2008, even though the Qatari government has been speeding up its spending on infrastructure development and will do so for big-tickets events such as the FIFA World Cup 2022 int the future, for which numerous mega-projects are planned.

Also, the Qatari government plans to spend $17 billion on hotel and apartment construction, he said.

“So we should encouraged more Malaysians to participate in the development of Qatar,” Hamsa said.

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Reading Time: 1 minute

The planned hyper-modern Al Shamal Stadium for the FIFA World Cup 2022 in Qatar

The rapidly developing Gulf nation of Qatar is inviting Malaysian investors, contractors and businessmen to invest in the country, Malaysia’s Chief Secretary to the Government, Datuk Seri Dr Ali Hamsa, was quoted as saying by news agency Bernama.

Reading Time: 1 minute

The planned hyper-modern Al Shamal Stadium for the FIFA World Cup 2022 in Qatar

The rapidly developing Gulf nation of Qatar is inviting Malaysian investors, contractors and businessmen to invest in the country, Malaysia’s Chief Secretary to the Government, Datuk Seri Dr Ali Hamsa, was quoted as saying by news agency Bernama.

He added that “lot of opportunities existed for the Malaysian private sector exist in Qatar.”

Hamsa said that Malaysian players had slowed down their investments in Qatar now compared with 2006-2008, even though the Qatari government has been speeding up its spending on infrastructure development and will do so for big-tickets events such as the FIFA World Cup 2022 int the future, for which numerous mega-projects are planned.

Also, the Qatari government plans to spend $17 billion on hotel and apartment construction, he said.

“So we should encouraged more Malaysians to participate in the development of Qatar,” Hamsa said.

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