Organizing the 2022 World Cup is a major investment for Qatar. Having won a bid to host the quadrennial showpiece event in 2010, the country has spent millions of dollars on infrastructure, leisure amenities and hotels in preparation. In addition to the new infrastructure, Qatar is expanding its liquefied natural gas (LNG) capacity by 60%. This will boost the country’s GDP by 25% by 2027. It will also boost the country’s tourism.
The 2022 FIFA World Cup is expected to attract over a billion people and generate over $20 billion in revenue. In addition to ticket sales, FIFA is covering $1.7 billion in operating costs. In addition, the event will boost foreign trade and tourism.
Among the costs of the event are the stadia, roads, hotels and public spaces. The stadiums will be close to each other and will be linked by a new metro system. The cost of building the stadiums is estimated at between $6.5 and $10 billion.
In addition to the stadiums, the country has spent millions on the Doha Metro. This system was originally part of the country’s 2030 development plan. But it was brought forward because of the World Cup. The new metro system will connect World Cup stadiums and provide convenience during the games. In addition, the country has also invested in a new international airport.
The country’s main airport is the largest in the world and the country is expanding it. It also has a modern shipping port. The country’s wealth comes from its liquefied natural gas (LNG) exports. It shares one of the world’s largest natural gas fields with neighbor Iran.
Aside from the World Cup, the country has spent millions on a new metro system, 100 hotels and leisure facilities. It is also investing millions in a new international airport. The cost of hosting the tournament is estimated at between $220 and $200 billion. But some of the investment is a waste of money and some is a smart investment that makes Qatar’s long-term development plan a reality.
According to World Cup experts, the most cost-effective strategy for hosting the event is to build a world-class stadium. The country will build seven new stadiums, which will host 64 matches in a month-long tournament. One of the stadiums, the Lusail Stadium, will serve as the final. It will be built in a new mega-development north of Doha and will eventually be home to 200,000 people.
The new stadiums will be connected by a network of electric buses and a new metro system. This will make it possible for fans to attend several games in one day. In addition, the new stadiums are designed to highlight Arabic culture. It will also be the first World Cup in an Arab nation.
The country’s economy is estimated at around $180 billion in 2022. According to government officials, the country will spend more than any other country on the tournament. This is a huge soft power bet.