Qatar Tribune
First Page Gulf / Middle East World
United States South Asia India
Europe Pakistan  
  
United Kingdom Philippines /SE Asia  
Home About Us Advertising Archives Subscribe Site Map Contact Us
 
 
Tuesday, May 21 2013
Will The Euro Survive?
IT happens like this. The election result in Greece means pro-austerity parties lack the parliamentary support and the moral authority to govern. Demands from Athens for the tough bailout conditions to be softened are turned down flat by the International Monetary.
STRUCTURAL REVOLUTION
THE country is divided when different people take different sides in a debate. The country is really divided when different people are having entirely different debates. That's what's happening on economic policy. Many people on the left are ...
Al Watan - Arabic Newspaper
Jamila - Monthly Women Magazine
Nation Business Sports Chill Out
Qatar set to invest $17bn in tourism infrastructure

ASIF IQBAL

DOHA QATAR is expected to invest $17 billion in tourism infrastructure over five years, a new report has said on Wednesday.

With the third largest hotel project pipeline in the region, Qatar has remained a prime destination for the world’s biggest construction companies, engineering specialists and real estate developers as the country continues to invest aggressively in major development projects, according to a report released by Drake & Scull International (DSI).

“With at least 19 hotels and around 5,544 hotel rooms under construction and in the planning stage, Qatar has the third largest pipeline of hotels in the region,” the DSI report said.

The report pointed out that in 2012 alone, more than 2,100 rooms are expected to enter the Qatari hospitality market.

“The hospitality industry in Qatar will continue to grow vibrant and lucrative as the country positions itself as a major tourist, business and lifestyle destination, and an ideal venue for international conventions and sporting events,” said DSI Chief Executive Officer Khaldoun Tabari.

He said the construction of key hospitality amenities was crucial in realising Qatar’s vision to be a world-class host.

According to Tabari, the aggressive investments in hospitality projects across Qatar are a strong reflection of the energetic pace of growth in construction activities in the industry.

Specialised expertise in hospitality projects will be crucial in enhancing the business potential of engineering and construction companies looking to capitalise on the real estate and construction boom in Qatar, he said.

Commenting on the opportunities that his company sees in this construction boom, Tabari said DSI Qatar was equipped to adapt to the increasing complexities and dynamics of the Qatari market. “This gives us a considerable edge in providing worldclass services that will help ensure the consistently high quality of hospitality development projects in the country,” he said.

He said DSI Qatar, through its civil, mechanical electrical and plumbing (MEP), rail and water and power divisions has a strong relationship with government entities and major property developers such as Qatari Diar among others. Moreover, the company policies and procedures strictly adhere to international quality standards and safety norms.


Qatar seeks proposals for its debut sukuk
36 journalism, communication students graduate from NUQ

  About Us Advertising Subscribe Careers Contact Us