World Cup to spur Qatar PPPs

Qatar's winning the bid to host the Fifa 2022 World Cup will kick-start the country's infrastructure PPP market, estimated at over US$ 100bn, according to Meed Insight.

Announcing the launch of The GCC Infrastructure Guide at a media conference, one of the authors of the report Ed James said: "Direct investments of several billions of dollars will be made in Qatar to build football stadiums and other infrastructure following the announcement."

This follows news that the UN is considering setting up an international PPP centre in Qatar.

The Ministry of Business & Trade and the Qatar Chamber of Commerce and Industry have been strong advocates for the greater use of PPP and has called for a comprehensive framework and legislation to be put in place.

"Assistance could be provided by the planned International PPP Centre, for which Doha is one of the sites being looked at. One of the key roles of the centre will be to help governments develop PPP models and projects," the report said.

Qatar has been at the forefront of promoting the private sector role in regional power generation. Qatar Electricity & Water Company (QEWC) was set up with 57% of its capital held by companies and private individuals. However, outside the power sector, PPPs have not been extensively used.

"The build-up to the World Cup will give additional momentum as well as push ahead the time frame of these projects," said James.