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2022 WC likely to create $10B investment
[Image: b52edb98b83eab2fc80d60af9c1fb3038fef7346.JPG]

The FIFA World Cup, often simply called the World Cup, is an international association football competition contested by the senior men's national teams of the members of the Fédération Internationale de Football Association (FIFA), the sport's global governing body. The championship has been awarded w88 login every four years since the inaugural tournament in 1930, except in 1942 and 1946 when it was not held because of the Second World War. The current champion is Germany, which won its fourth title at the 2014 tournament in Brazil.

The current format of the competition involves a qualification phase, which currently takes place over the preceding three years, to determine which teams qualify for the tournament phase, deposit w88 which is often called the World Cup Finals. 32 teams, including the automatically qualifying host nation(s), compete in the tournament phase for the title at venues within the host nation(s) over a period of about a month.

Doha: The 2022 FIFA World Cup in its entirety is expected to create over QR30.64bn ($10bn) in investment opportunities for US companies. Over the past year alone, the Supreme Committee for Delivery and Legacy (SC) has entered commercial agreements worth over QR1.82bn ($500m) with US businesses. The 2022 World Cup in Qatar represents an ‘enormous’ economic opportunity not only for Qatar but also for its international trading partners, said a senior official of SC.  

He was speaking at a panel discussion at the Qatar-US Economic Forum, which was organised in Miami by the Ministry of Economy and Commerce in cooperation with Qatar Chamber, US Chamber of Commerce, Qatari Businessmen Association and US Qatar Business Council. The Forum took place at the Four Seasons Hotel in Miami. SCs Commercial Assurance Manager, Mohammed Qassem Al Emadi spoke on a panel discussing the international business opportunities presented by the 2022 FIFA World Cup.

“The Qatar World Cup not only represents an enormous economic mansion88 opportunity for Qatar, but also for Qatar’s international trading partners. We are working with businesses from all over the world to prepare for the tournament,”he said.

“For example, many of the contracts to build our stadiums sit with international companies, which form Joint Venture partnerships with local companies to build local capacity and create a sustainable economic legacy. Many of our leading commercial partners are from the US and there are a wealth of opportunities remaining for US businesses to seize,” Al Emadi added.

The Forum sought to inform US business leaders of the myriad commercial opportunities on offer in Qatar’s growing, resilient economy. It also aimed to build on an already strong economic relationship between the two countries. Al Emadi, spoke on a panel alongside Abdulrahman Al Khayareen, CEO of WIDAM Food Company, Fahad Al Kuwari, of the Ministry of Energy & Industry, and Mohammed Al Malki, Chief Planning & Development Officer at Manateq

The Forum is the first part of a month-long US roadshow being led by Qatar’s Ministry of Economy and Commerce. It aims to highlight Qatar’s investment in the US and the strong and deep-rooted relationship between the two countries. The roadshow will visit four cities across the US, starting in Miami, Florida, then Washington DC, Charleston, South Carolina and Raleigh, North Carolina.

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