May 23 – Qatar 2022 organising chief Hassan Al Thawadi has been explaining the impact and scale of his country’s World Cup project at the World Economic Forum in Jordan.
The Supreme Committee for Delivery & Legacy (SC) Secretary General featured on a panel session titled ‘Finding $100 billion for infrastructure to meet the growth targets of the MENA region’, as well taking part in a ‘Hub Session’ presentation exploring the more holistic virtues of the game and the socially transformative power of football.
Al Thawadi explored the issues around infrastructure investment spending in the MENA region and how public-private collaboration can attract alternative financing sources for infrastructure.
He also outlined the concept behind the 2022 FIFA World Cup and the infrastructure that will support it, focusing in particular on the legacy plans for the stadium precincts.
Other areas covered included sustainable development investment partnerships, large-scale infrastructure projects and non-traditional financiers from pension funds to sovereign wealth funds and the private sector.
Qatar has embarked on a huge infrastructure build triggered by the World Cup hosting and is spending almost $500m a week, its finance minister recently stated. More than $200 billion will be spent in total in the emirate.
In Jordan Al Thawadi participated in a ministerial round-table focusing on policy recommendations as well as holding a number of high level meetings on the side-lines of the event.
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