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Qatar announces focus for 5 bln stg UK investment plan

Qatar's plan to invest five billion pounds ($6.29 billion) in Britain over the next five years will focus on energy, infrastructure, real estate and services, Prime Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani said on Monday.

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Qatar's plan to invest five billion pounds ($6.29 billion) in Britain over the next five years will focus on energy, infrastructure, real estate and services, Prime Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani said on Monday.

"Over the next three to five years Qatar will invest 5 billion (pounds) in the UK economy through various investment funds and relevant parties in Qatar," he said in a statement released during an investment conference in London.

"Our investments in the UK will focus on energy, infrastructure, real estate, services and other sectors." ($1 = 0.7949 pounds)

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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