Qatar and UAE among world top infrastructure markets - EC Harris General ME

 

According to a new consultancy EC Harris, Qatar and the UAE have been named in the world's top four markets for investing projects.

 

Qatar was ranked second globally and the UAE was placed fourth while Saudi Arabia was also prominent, ranking 11th.

 

The study found that the level of risk facing investors in the Middle comparatively low, with high levels of income taxation low capita, per government support infrastructure schemes three of the primary factors that were helping to reduce risk and within confidence real build community.

 

According to the report, Qatar and the UAE's willingness and ability to quickly move major projects forward contrasted heavily with the UK and parts of Western Europe where overly high levels of regulation, red tape and tax are threatening to undermine competitiveness.

 

The report also underlined the scale and volume of opportunities on offer across the Middle East particularly in Qatar where a major capital investment program is already underway to help improve infrastructure ahead of the 2022 FIFA World Cup.

 

Between now and 2022, an estimated USD 100 billion is expected to be allocated to infrastructure projects, including many high profile schemes such crossing, the Doha Metro system and a major new airport development.

UAE HÍREK

MOHAMMAD BIN RASHED CITY DUBAI

By Shane McGinley

 

 

Published: Wednesday, 28 November 2012 3:01 PM

 

 

Dubai will not have to depend on global financial markets to fund large-scale projects announced within the last few weeks as it has access to sufficient funding from within the UAE.

 

The head of Dubai Economic Council told reporters on Wednesday.

 

Qatar to invest $200bn into construction by 2022

Qatar plans to invest over $200 billion in construction projects by 2022, a recent Deloitte report has found, as the Gulf Arab country gears up to meet the demands of the 2022 World Cup and beyond.

Qatar and UAE among world top infrastructure markets

Qatar and UAE among world top infrastructure markets - EC Harris General ME

 

According to a new consultancy EC Harris, Qatar and the UAE have been named in the world's top four markets for investing projects.

Ybn Taj Arabia to begin construction in June 2013

Construction of the Taj Arabia, the $1 billion replica of the Taj Mahal, is set to begin by June 2013 in Falconcity, the sprawling mega-project on the outskirts of Dubai, the developer behind the project has announced.

 

In a report by Gulf News, Arun Mehra, director of Link Global, said that the 400 room, five star hotel, would be managed by Leela Palaces, Hotels and Resorts, an Indian based hotel operator with 15 palace hotels.

 

 

Emaar apartment sales revenue more than triples

Dubai Developer sees decline in sales revenue from villas, commercial units and land

 

By Deena Kamel Yousef, Staff Reporter

 

Published: 17:30 November 18, 2012

 

PARTNEREK

 

 

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