Posted July 09, 2013

Qatar to spend $200 billion for 2022 World Cup according to report

Soccer
Qatar plans to spend $200 billion on the 2022 World Cup, including six new stadiums and upgrades to two existing ones. (Nadine Rupp/Getty Images)

Qatar plans to spend $200 billion on the 2022 World Cup, including six new stadiums and upgrades to two existing ones. (Nadine Rupp/Getty Images)

Qatar, host of the 2022 World Cup, will spend $200 billion preparing for the event according to a report released by the consulting firm Deloitte. The Associated Press reported the news:

The report, released on Tuesday, said $140 billion of that will be for transportation infrastructure including a new airport, roads and a metro system to deal with the 400,000 fans expected for the month-long tournament.

Another $20 billion will go to tourism infrastructure as the Persian Gulf nation expects the number of tourists to reach 3.7 million annually by 2022.

There are plans to build six new stadiums and upgrade two existing ones.

The oil-and-gas rich country was surprisingly awarded the World Cup over the United States, Australia, Japan and South Korea — summer temperatures in Qatar often reach 100-plus degrees Fahrenheit.

Qatar’s estimated amount far exceeds comparable events such as the 2014 Winter Games in Sochi and 2012 Summer Games in London:


26 comments
John4
John4

$200 Billion?   The numbers don't add up.  6 stadiums = $6 Billion tops.  1 Airport = $1 Billion tops.  Why build roads AND a metro system.  (The metro system is absolutely going to be unused after the World Cup).  It looks like the $200 Billion will involve A LOT of kickbacks, bribes, price gouging, price fixing (that's where competitors agree on the price of something they both sell), graft, corruption, etc etc.  I think I will look at getting a job there as a construction estimator, as clearly NO estimate for ANY project will face any scrutiny.  

Aleksey
Aleksey

For this big money can be the Winter Olympic Game in Qatar to hold. Snow covered the entire country to cast aside for 1 month. The snow brought from Russia in the gold planes ...

Action
Action

This might go down in history as the single greatest waste of money of all time.  Yes, there will be increased tourism and world attention for the month of the tournament, and in the build up to it.  Then what?  Unused stadiums and infrastructure.  Qatar isn't going to convert into the next Dubai, even if that was worth doing in the first place.

CucamongaKing
CucamongaKing

Some of that money should be devoted to funeral homes after players die from heat exhaustion.

StephenMichaelW
StephenMichaelW

My gut tells me that there's going to be a lot of shady kickback money going into the hands of a lot of local businesses.

JeromeAyalon
JeromeAyalon

The biggest chunk of the 200B will go towards building the world's largest umbrella, covering the entire state of Qatar for the tournament.

6marK6
6marK6

What is their quartering and decapitation policy?

RomarioDelLago
RomarioDelLago

And despite all that money they'll still make boneheaded questionable choices for the tourists coming in.  LOL 

Huffy1680
Huffy1680

I want to know how much it took to buy it in the first place but we know that number will never come out.

MikeyT
MikeyT

That is $1,000 per person living in the country.  Seems extreme and wasteful. 

tundey
tundey

@Action Do you think they care? They have money to burn.

John4
John4

@CucamongaKing Have you ever worked an outdoor job in Phoenix or Yuma Arizona?  I have, and don't recall any workers (of an 8 hour day) dying from heat exhaustion.  

tundey
tundey

@CucamongaKing Oh please. You don't think part of that money will go towards pump cold air into the stadiums?

John4
John4

@JeromeAyalon And they'll use the same contractor as the one who built the indoor ski slope in Dubai.

tundey
tundey

@6marK6 What's our policy on indefinite detention and lack of judicial process for inmates in Gitmo? What's our policy on warrant-less electronic surveillance of innocent Americans?

SIBRI
SIBRI

@RomarioDelLago Like ...its pretty hard to get a drink in Qatar now - a few western hotels.   They are apparently undecided about how much, if at all, to loosen the grip for the WC.  Not sure if abstinence will tame or inflame the hooligans.

SIBRI
SIBRI

@MikeyT  Actually, Mikey, $200billion is $100K per person for the 2 million people living in Qatar.  Re: Herschel - fair point, but this is beyond absurd. Its the Qataris' money sure, but that is an obscene amount given how else they could choose to use it.  Like diversifying their economy. 

HerschelAnderton
HerschelAnderton

@MikeyT um... please enlighten us on what major pro (or even college/olympic) sporting event is not "extreme and wasteful"

calcio1020
calcio1020

@John4 @6marK6"Decapitation by sword in modern times has occurred in jurisdictions subject to Islamic ShariaSaudi ArabiaYemen, and Qatar all allow decapitation as a form of capital punishment"

Source: http://www.newworldencyclopedia.org/entry/beheading

Then there's always the ones who work outside the law, like Muzzammil Hassan. Hassan  founded Bridges TV in 2004 to counter anti-Islam stereotypes following 9/11. The irony is that he ended up beheading his wife..  That was in NY, by the way.. Stereotypes are usually stereotypes for a reason, unfortunately. The fact of the matter is, muslim countries are not safe for non-muslims because they can always justify beheading and crucifying you with sharia law.

Source: http://www.nypost.com/p/news/regional/item_8RbNgoV01MX83VlvQaCtWN;jsessionid=A959A377D157694C6E783E342B5DC16D

Oh, and keep your kids away.. "Earlier this week, a six-year-old Coptic Christian boy, Cyril Yusuf Sa'ad, was abducted and held for ransom. After his family paid the ransom, the Muslim kidnapper, Ahmed Abdel Moneim Abdel-Salam, killed the child and threw his body in the sewer of his house. In the words of the Arabic report, the boy's "family is in tatters after paying 30,000 pounds [$4,300] to the abductor, who still killed the innocent child and threw his body into the toilet of his home, where the body, swollen and moldy, was exhumed."

You can read numerous more examples of Muslim violence against innocent children at: http://www.gatestoneinstitute.org/3744/egypt-christian-children

JonMoore
JonMoore

@SIBRI @MikeyT  They are using the money to build a new airport, mass transit system, and roads. How is that a waste. They would have had to build that anyway.

John4
John4

@SIBRI I don't think you can compare Greece to Qatar.  Greece has a limited ability to increase revenues, and has a huge amount of debt.  Qatar has the ability to raise revenue any time they want.  Also, Qatar has far more money than Greece right now.  Is the $200 Billion extravagant?  Of course it is.  Will Qatar regret spending the money?  Why would they?

tundey
tundey

@SIBRI @JonMoore @MikeyT I don't think Greece has as much oil as Qatar. Unless everybody switches to other energy sources tomorrow, Qatar will still be loaded after the world cup.

SIBRI
SIBRI

@JonMoore @SIBRI @MikeyT Two-thirds of Qatar's population lives in Doha, where the roads are better than they are in most American cities. The airport is fine.  The only reason to upgrade this much is for the event itself. No way their infrastructure needs are anyway close to $200 billion now.  So they are spending for the spectacle and because (for now, with gas prices and oil prices where they are, they can). Ask Greece if it would like to revisit its decision to pump the public till for the 2004 Olympics.