Qatar’s prime minister unveiled the state’s massive economic strategy and private sector push at the Qatar Economic Forum in New York on Sunday.Qatar’s Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman Al Thani announced a $60 billion domestic investment pipeline and the launch of a new financial platform aimed at accelerating private sector growth.The major funding allocations were revealed during the Qatar Economic Forum (QEF): UNGA Special Edition in New York on Sunday.During his address, the prime minister outlined the next phase of the Gulf state’s economic development and detailed how the country successfully navigated recent regional supply chain disruptions.Over the next five years, Qatar expects to award approximately $38.5 billion in new infrastructure projects. The tenders, which will heavily incorporate public-private partnerships, are set to begin immediately. A separate real estate and hospitality pipeline is projected to attract $22.5 billion in private investment, spearheaded by the $5.8 billion Smeasma Beach development.To manage this economic expansion, Sheikh Mohammed officially launched Doha Investment, a dedicated platform established to oversee the Qatar Investment Authority’s (QIA) domestic portfolio. The entity aims to expand the private sector’s role in driving economic growth, deepen local capital markets, and ensure Qatari businesses remain globally competitive.Addressing recent geopolitical instability in the Middle East, Sheikh Mohammed likened the climate to an “earthquake” whose shockwaves have challenged global security.“When you look at any earthquake that happens, it always tests three things: How strong is your foundation? How fast is your response? And how you are going to rebuild,” he added.He noted that years of strategic preparation allowed the state to weather the resulting supply chain disruptions. To bypass maritime bottlenecks and secure the local market, Qatar took immediate action by introducing new shipping routes to ensure supplies remained open for the population.The state’s financial infrastructure also absorbed the shock without interruption.“The institutional response, we have seen it becoming very effective. Our financial systems kept operating. Our banking kept working. The financial flow is ongoing,” Sheikh Mohammed added.Reflecting on the country’s track record of navigating regional crises, he framed the current challenges as an opportunity to build stronger resilience. He pointed to the ongoing North Field expansion as a key driver that will reinforce Qatar’s role as a reliable global energy supplier while supporting further economic diversification.
Qatar PM-FM announces $60bn investment pipeline, launches ‘Doha Investment’ at QEF
Full Article
Original Source
Read the full article at Dohanews →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.