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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar in talks to fund UK high-speed rail plan

Posted on 21 November 2014

Qatar is interested in investing billions of dollars in infrastructure around the north of England, the Financial Times reported on Tuesday. The report claimed the Qatari royal family has informed British ministers it is interested in investing in infrastructure opportunities around the new HS2 high-speed rail line, which will link London to Birmingham, then Leeds and Manchester.
The opportunity was discussed last month when the Emir, Sheikh Tamim bin Hamad Al Thani, met with British Prime Minister David Cameron. “The Prime Minister … encouraged the Emir to consider more opportunities across the country, particularly the government’s plan to establish a Northern Powerhouse by connecting our great Northern cities and the development of high speed rail,” a statement issued after the Emir’s visit said………………………………….Full Article: Source


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