Malaysia investors urged to look at Qatar

Malaysia investors urged to look at Qatar
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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[caption id="attachment_6127" align="alignleft" width="240"] The planned hyper-modern Al Shamal Stadium for the FIFA World Cup 2022 in Qatar[/caption] 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...

Malaysia investors urged to look at Qatar
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.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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