WORLD CUP: Qatar spending Sh50b a week on projects

The Khalifa Stadium in Doha which is undergoing complete renovation in preparation to host some of the matches for the 2022 World Cup in Qatar. High-spending World Cup 2022 host Qatar is splurging almost $500 million every week on major infrastructure projects for football's biggest tournament, the country finance minister said on February 7, 2017. / AFP PHOTO /

Qatar expects two-thirds of the contracts for the 2022 projects to be delivered within 24 months.

Qatar is spending almost Sh50 billion a week on major projects as it prepares for the 2022 Fifa World Cup, its finance minister has said. Ali al-Emadi expected spending to continue at that level for three to four years as new stadiums, motorways, rail links and hospitals are built. More than $200 billion (£160bn) will be spent by the gas-rich emirate.