Qatar and Malaysian relationship stressed by PM of Malaysia

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The Malaysian Prime Minister urged Malaysian companies to continue investing in Qatar and strengthening their presence there.  Malaysian companies and investors have about a $7 billion stake in Qatari projects, and with the 2022 World Cup quickly approaching, they are aiming for a larger slice of the pie.  The “Heart of Doha” project, leading up to the cup, will see construction of more than 100 buildings, sports complexes, and hotels for the events.

Malaysian contractors have also won bids to overhaul infrastructure projects, including the Doha International Airport.  The prime minister also suggested that Malaysia and Qatar might also invest in third-party countries together, specifically in the GCC.  Petronas, Malaysia’s state owned petrochemical corporation, will be partnering with Qatar Petroleum Company for several joint ventures as well.

 

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Reading Time: 1 minute

The Malaysian Prime Minister urged Malaysian companies to continue investing in Qatar and strengthening their presence there.  Malaysian companies and investors have about a $7 billion stake in Qatari projects, and with the 2022 World Cup quickly approaching, they are aiming for a larger slice of the pie.  The “Heart of Doha” project, leading up to the cup, will see construction of more than 100 buildings, sports complexes, and hotels for the events.

Reading Time: 1 minute

The Malaysian Prime Minister urged Malaysian companies to continue investing in Qatar and strengthening their presence there.  Malaysian companies and investors have about a $7 billion stake in Qatari projects, and with the 2022 World Cup quickly approaching, they are aiming for a larger slice of the pie.  The “Heart of Doha” project, leading up to the cup, will see construction of more than 100 buildings, sports complexes, and hotels for the events.

Malaysian contractors have also won bids to overhaul infrastructure projects, including the Doha International Airport.  The prime minister also suggested that Malaysia and Qatar might also invest in third-party countries together, specifically in the GCC.  Petronas, Malaysia’s state owned petrochemical corporation, will be partnering with Qatar Petroleum Company for several joint ventures as well.

 

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