Many projects have to be financed and executed at the same time
Qatar is facing an enormous financing challenge in the coming years, as it seeks to deliver a huge government-backed infrastructure programme in the run up to the 2022 Fifa World Cup, says David Staples, managing director of EMEA corporate finance at Moody’s.
Speaking at MEED’s Qatar Infrastructure Projects 2011 conference in London on 4 July, Staples said: “Ahead they have a major execution challenge. Many projects have to be delivered simultaneously and financed simultaneously.”
Staples said Qatar’s AA sovereign rating showed the state was well regarded by investors for strong government vision and oversight. However, he said Doha needed to improve transparency and reporting.
More from Qatar Infrastructure Projects 2011
- Form consortiums now for Qatar metro construction urges Qatar Railways
- Qatar projects companies sector face intense competition
- Qatar peak power demand to hit 5,500MW in 2011
- Banks prepare for boom in finance needs from World Cup project supply chain
- Qatar to start logistics city construction by end of the year
- UK looks to develop Qatar trade
- Atkins chief highlights Qatar opportunities
- Qatar exchange to launch bond market
- Transport is key for Qatar World Cup success
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