QATAR TO INVEST 60,000 CRORES IN ANDHRA PRADESH

The fast-developing country Qatar has shown its interest to invest 60,000 Crores in Andhra Pradesh. Qatar got its independence in 1971. Its progress thereafter was tremendous. The capital City of Doha with its beautiful skyline finished completion in 2010. Doha’s real estate is now more expensive than Dubai, the most developed Arab city. Expanding its investments to the world, Qatar choose Andhra Pradesh which is building its capital from scratch as one of its destinations.

Qatar is hosting the 2022 FIFA world cup. It is the first Arab country to host FIFA world cup and the smallest country to host the FIFA world cup ever.

Dr.Hamad Bil Nasar Al Thani, Advisor to government of Qatar and his team met Andhra Pradesh Chief Minister Chandrababu Naidu and discussed the plans of investments in Andhra Pradesh. AP CM explained his vision for Andhra Pradesh and Qatar representatives explained their progress in building one of the best cities of the world.

Qatar representatives invited CM Chandrababu Naidu to visit Qatar and witness the development. CM responded positively and the visit to happen early next year where Qatar and Andhra Pradesh will make agreements of investments and partnership in development.