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Qatar plans $15bn investment in UK infra projects
- Qatar: Sunday, March 17 - 2013 at 07:27
The Qatari government is considering plans to invest up to £10bn ($15bn) in UK infrastructure projects, The Telegraph has reported. The British government unveiled its National Infrastructure Plan almost 18 months ago, with ambitions to raise £20bn from private sector investors. To date, just £1bn has been pledged in soft commitments by 10 pension funds but no money has been released. The Gulf country already has stakes in Barclays, Sainsbury's and airport operator BAA, and owns Harrods and the Shard skyscraper in London through various investment vehicles.
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