Qatar says it plans to spend around QAR70bn (US$19.2bn) to boost its electricity and water networks during the next nine years.
Dr. Mohammed bin Saleh Al Sada, speaking at the 10th GCC Water Conference, announced the country intends to invest heavily in utilities to meet growing demand for power and water, Qatar News Agency reported.
The minister for energy and industry estimated that approximately QR22bn ($6.04bn) will be poured into upgrading its water networks over the next decade whereas around QR30bn ($8.24bn) on electricity supply.
Kahramaa, Qatari utilities authority, has already approved around 20 projects related to water and electricity, the minister said while adding that further infrastructure upgrade projects are in the pipeline.
Focusing on the region’s agriculture and industrial needs, Dr. Mohammed bin Saleh Al Sada urged the GCC countries to assess the dry climate conditions and look for ways to efficiently maintain water networks.
He also added that the aim to invest further in the Barzan Gas Project was to satisfy local energy requirements in the future.