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FINANCIAL NEWS
USD 7.5bn Doha port to drive shipping sector forward
06 Apr 2016
(MENAFN) The new Doha port is set for completion by 2020, which will push the shipping sector forward, double GDP, and join Qatar’s emergence.
Moreover, Qatar’s maritime shipping industry has undergone marvelous transformational changes and has begun to take off.
Additionally, with a combined population up 47mn and annual economic output topping USD 1.6tr, the GCC countries cover a powerful block of joined economies.
The new port project values for USD 7.5bn of spending, which is targeted for completion in 2030, while organizers will cut 10 years off the building timeline.
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