Qatar World Cup will benefit Gulf Region

The 2022 FIFA World Cup in Qatar will provide a significant economic boost for the emirate and its neighbouring countries in the Gulf, according to a new report by the National Bank of Kuwait.

The study outlines the infrastructure upgrades planned and indicates that Qatar's significant construction program ahead of the event will have a knock-on impact on other countries in the Middle East.

The report advised that "hosting the World Cup will set tight deadlines, create extra spending, bring in new expertise and present additional motivation and incentives."

A US$25 billion metro and rail network, a US$7 billion deep water port, a US$10 billion international airport at Doha and a US$4 billion causeway linking Qatar and Bahrain are among the major infrastructure projects planned, according to the report. Qatar also plans to spend $20 billion on building and expanding its road network.

For the tournament itself, 12 state-of-the-art stadia with air conditioning will be constructed at a cost of US$4 billion. The study added that Qatari officials have pledged to add 90,000 new hotel rooms before 2022, surpassing the 65,000 demanded by FIFA. ​

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