Good prospects for the development of Qatar iron and steel industry

Speaking of Qatar, the image of the host country of the 2022 World Cup first emerged in most people’s minds. It is understood that in order to prepare for the world cup and bid for the 2024 Olympic Games, the Qatar government invested a total of 205 billion US dollars in infrastructure construction in 2013 ~2018. In accordance with the 2018 fiscal budget announced by the Qatar government, in 2018, the Qatar government will focus on supporting industries and projects related to the construction of the 2022 World Cup, and encouraging the development and construction of related projects in tourism, small and medium enterprises, economic zones and free zone infrastructure construction, in which traffic and infrastructure projects are pre built. The expenditure is 11 billion 500 million dollars. In order to reduce the dependence on the oil and gas industry, Qatar is now vigorously promoting the development of multiple industries, such as iron and steel, and the huge investment in infrastructure projects and rich oil and gas resources will bring opportunities for the development of the steel industry.

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Post time: Jun-04-2018
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