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Topic: Effect of the FIFA world cup on Qatar's economy - page 2. (Read 606 times)

legendary
Activity: 3150
Merit: 1392
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I'd be very surprised if holding the World Cup, especially such an expensive one as Qatar did, turned out profitable, so I agree with the op that it wasn't, and also that making profit wasn't the point. I think the main point isn't attracting more people to the country, either. It's whitewashing a very problematic regime that has strict legislation, limits the rights of many categories of people. It's a classic thing for an authoritarian regime to use their money to ensure they host a big event. This can boost confidence at home, reassuring people that they live in a respected country, and help raise the reputation of a country that has its issues. Russia did the same with the World Cup, and China did that with the Olympics.
jr. member
Activity: 86
Merit: 2
I think despite the allegations of slave labour and maltreatment of workers who built most of the infrastructures that was used in the 2022 World Cup in Qatar which before the World Cup had painted Qatar in a bad light but during the world Cup,  the beauty and more positives sides of Qatar came to light  , investors and tourists are now been attracted to what Qatar is offering  ,
The World Cup advertised Qatar to the world for business and tourism
full member
Activity: 1344
Merit: 103
We can truly say that Qatar's hosting of the FIFA World Cup has had a positive impact. Due to the big event happening, the name of Qatar has increased not only because they host a big event but also because of their preparation that made the tourists who will attend FIFA happy. Another thing is the increase in the income rate of their country and they have done many infrastructure projects. It is not easy to be the host of such events so it is necessary to prepare well for this most beautiful event and ofcourse the income of the country.
Qatar is a rich country and there is nothing they can do solely - they have immigrants who take care of all the things but obviously the heads are Qatari.
For example Qatar air force whole infrastructure is done by the Pakistan air Force. but people love working for them because they get good money in return - they work and come back to their native country that is how Qatar deals with labors.

Because of the wealth of their country, they have many immigrants who continue to accept their job offers.They treat their workers well, another thing is that they are rich in infrastructure that is really needed by workers from another countries. They became even more famous because of their hosting of the FIFA event that gives Qatar name in the history of FIFA events.
jr. member
Activity: 93
Merit: 4
If you spend billions of dollars to tell the world that they are welcome without alcohol, this may serve conservative tourism, but it will deprive you of giant investments in the areas of the free market.
That is Qatar's identity, he doesn't care how much money is spent.  That is proportional to the interest of many people to get to know more about the country and introduce the culture that has been applied.  Qatar was previously a rich country, everyone knows that.  But when the world cup is held there the interest of visitors or tourists is increasing, it affects its tourism where people will flock to Qatar to see how amazing the country is.
legendary
Activity: 1414
Merit: 1108
As much as they've over spent in the world cup, let's not forget that some of these projects where national projects with or without the world cup. Don't get me wrong, am not saying they didn't come up with projects to make the world cup better but certainly, its normal for projects to be done annually.
They over spent and you can tell they showed thee interest in football by trying yo buy Robaldo and boost there league. The infrastructures that have been put in place would in turn help to make things better for the citizens. The stadiums might not get the maintenance needed but, I don't think it's going g to have much negative effect on there economy if any at all.
hero member
Activity: 2338
Merit: 757
As we know Qatar is the prima donna that much is talked about by the world regarding pouring out the largest economy yesterday through 200 billion US dollars, a fantastic fund in the history of the world cup, In my opinion, there was no economic impact financially for Qatar yesterday. If you look at it theoretically, Qatar will produce the largest economy in the 2022 World Cup, no that's not it, only based on interests or something based on ego wanting to show the world that Islamic countries can do as European countries do and at the same time show hospitality and glory for Islam to non-Muslims, proven, Funds are not a big problem for Qatar. Tolerance between religions is the basis of the goal placed by Qatar as the host of the world cup yesterday, that is my understanding if studied in theory.
I would like to correct information regarding the budget that was spent in the preparations for the World Cup. Qatar adopted a policy in 2010 called Qatar Vision 2030, which aims to develop the country at various levels, the most important of which is the development of infrastructure to be able to accommodate more residents. Of the $200 billion, only 7-8 billion were spent on constructing stadiums, and the rest of the amount was used to develop Qatar's infrastructure, not just to host the World Cup. And Qatar submitted its candidacy in 2012 on the grounds that it would start working on the Qatar Vision 2030 project, otherwise it would not have been able to submit a hosting request.
The income from hosting the World Cup was good and covered the costs of hosting, and it cannot cover the costs of developing the infrastructure in this advanced way.
as mentioned earlier - Qatar is a rich country and they wanted to promote their culture and religion and their trends. Which they successfully did.
They are going to gift the buses and the stadium to the developing countries. Do you think they would have cared for the profit when they have banned the biggest brand of alcohol from the stadium.
Its attempts to preserve its identity do not encourage all kinds of investments, and it does not become an attractive market for investments if it places limits on people's privacy. The World Cup exposed Qatar as a conservative country and not an investment climate for everyone.
If you spend billions of dollars to tell the world that they are welcome without alcohol, this may serve conservative tourism, but it will deprive you of giant investments in the areas of the free market.
full member
Activity: 770
Merit: 180
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Qatar is already very rich with oil and gas natural resources, as a result of its abundant natural products making Qatar one of the richest countries in the world.
The World Cup that was held in their country was not solely because of money, Qatar spent more money on stadium dismantling costs. Previously, I had never heard of any country dismantling stadiums after the world cup was over other than Qatar (please correct if i'm wrong).
FIFA is the party that has benefited the most after the world cup from several sponsors, while Qatar managed to introduce their culture to other countries with the friendliness of the local population that brings tolerance between religions.

Qatar showcased to the world their culture and hospitality. They showed the world that the game of football can be viewed without imbibing any alcoholic beverage. The didnt do it for the money. They did it to project their ideas of the present and future plans for generations present and unborn.
They support tourism and is a great business hub for merchants and that they showed as well.
Their economy definitely got a boost and have attracted more patronage from the press and media including luring adventure seekers and one of the greatest football players of this time, Christiano Ronaldo to the Al Nassri side. Tell me how the economy hasn't been imparted positively and I will dig out proofs to argue on how it has imparted positively their economy in total.
sr. member
Activity: 1554
Merit: 260
As we know Qatar is the prima donna that much is talked about by the world regarding pouring out the largest economy yesterday through 200 billion US dollars, a fantastic fund in the history of the world cup, In my opinion, there was no economic impact financially for Qatar yesterday. If you look at it theoretically, Qatar will produce the largest economy in the 2022 World Cup, no that's not it, only based on interests or something based on ego wanting to show the world that Islamic countries can do as European countries do and at the same time show hospitality and glory for Islam to non-Muslims, proven, Funds are not a big problem for Qatar. Tolerance between religions is the basis of the goal placed by Qatar as the host of the world cup yesterday, that is my understanding if studied in theory.
I would like to correct information regarding the budget that was spent in the preparations for the World Cup. Qatar adopted a policy in 2010 called Qatar Vision 2030, which aims to develop the country at various levels, the most important of which is the development of infrastructure to be able to accommodate more residents. Of the $200 billion, only 7-8 billion were spent on constructing stadiums, and the rest of the amount was used to develop Qatar's infrastructure, not just to host the World Cup. And Qatar submitted its candidacy in 2012 on the grounds that it would start working on the Qatar Vision 2030 project, otherwise it would not have been able to submit a hosting request.
The income from hosting the World Cup was good and covered the costs of hosting, and it cannot cover the costs of developing the infrastructure in this advanced way.
as mentioned earlier - Qatar is a rich country and they wanted to promote their culture and religion and their trends. Which they successfully did.
They are going to gift the buses and the stadium to the developing countries. Do you think they would have cared for the profit when they have banned the biggest brand of alcohol from the stadium.
hero member
Activity: 952
Merit: 541
Qatar is already very rich with oil and gas natural resources, as a result of its abundant natural products making Qatar one of the richest countries in the world.
The World Cup that was held in their country was not solely because of money, Qatar spent more money on stadium dismantling costs. Previously, I had never heard of any country dismantling stadiums after the world cup was over other than Qatar (please correct if i'm wrong).
FIFA is the party that has benefited the most after the world cup from several sponsors, while Qatar managed to introduce their culture to other countries with the friendliness of the local population that brings tolerance between religions.
hero member
Activity: 2338
Merit: 757
As we know Qatar is the prima donna that much is talked about by the world regarding pouring out the largest economy yesterday through 200 billion US dollars, a fantastic fund in the history of the world cup, In my opinion, there was no economic impact financially for Qatar yesterday. If you look at it theoretically, Qatar will produce the largest economy in the 2022 World Cup, no that's not it, only based on interests or something based on ego wanting to show the world that Islamic countries can do as European countries do and at the same time show hospitality and glory for Islam to non-Muslims, proven, Funds are not a big problem for Qatar. Tolerance between religions is the basis of the goal placed by Qatar as the host of the world cup yesterday, that is my understanding if studied in theory.
I would like to correct information regarding the budget that was spent in the preparations for the World Cup. Qatar adopted a policy in 2010 called Qatar Vision 2030, which aims to develop the country at various levels, the most important of which is the development of infrastructure to be able to accommodate more residents. Of the $200 billion, only 7-8 billion were spent on constructing stadiums, and the rest of the amount was used to develop Qatar's infrastructure, not just to host the World Cup. And Qatar submitted its candidacy in 2012 on the grounds that it would start working on the Qatar Vision 2030 project, otherwise it would not have been able to submit a hosting request.
The income from hosting the World Cup was good and covered the costs of hosting, and it cannot cover the costs of developing the infrastructure in this advanced way.
sr. member
Activity: 658
Merit: 275
Infrastructural investments slowly and steadily recoups the money sunk into it. It’s a slow and steady process but definitely, you would get your returns.
Qatar obviously knew that they couldn’t recoup all monies spent on those magnificent stadiums just yet. And it was obvious to me on why they yearned to host nations of the world coming over for the World Cup. They are looking for the limelight and a bit of more relevance in the world stage.
They’ve gained world recognition by organizing and hosting the World Cup. The first ever in the Middle East. Who would have thought!!

That spotlight is now likely to attract new people and organizations looking to invest, thereby tremendously boosting their economy starting with the tourism and hospitality industry.
sr. member
Activity: 1554
Merit: 260
I'm not sure about according to what we can see there are many people who go to Qatar to watch the games and during this time they surely bought some food and other stuff like that which can bring more demand to the Qatar markets also they used many services like hotels and restaurants and some of these services are provided by the government the profits will go directly into the pocket of their government, so I'm sure if Qatar investing money to build stadiums they also got good profits from the world cup.
I dont think profit was one of the main aims of Qatar ... They are now going to dismantle the stadiums and will dispatch it to the underdeveloped countries. They are donating buses to the poor countries and so on an so forth. They are rich people and they don't care for the profits. Have they had cared for the profit they would not have banned alcohol and would have earned so much money form the alcohol manufacturers
hero member
Activity: 1582
Merit: 722
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I'm not sure about according to what we can see there are many people who go to Qatar to watch the games and during this time they surely bought some food and other stuff like that which can bring more demand to the Qatar markets also they used many services like hotels and restaurants and some of these services are provided by the government the profits will go directly into the pocket of their government, so I'm sure if Qatar investing money to build stadiums they also got good profits from the world cup.
legendary
Activity: 2128
Merit: 1775
Indeed every country wants to host the World Cup which will have an impact both in terms of patterns or the economic sector for that country, but the facts are different from Qatar, the 2022 world cup, Qatar, as far as I know, has been crowned as the largest recorded economic country in the Middle East. I understand that Qatar is currently the world's oil king, this country has an economic advantage of 6.3% compared to other countries.

As we know Qatar is the prima donna that much is talked about by the world regarding pouring out the largest economy yesterday through 200 billion US dollars, a fantastic fund in the history of the world cup, In my opinion, there was no economic impact financially for Qatar yesterday. If you look at it theoretically, Qatar will produce the largest economy in the 2022 World Cup, no that's not it, only based on interests or something based on ego wanting to show the world that Islamic countries can do as European countries do and at the same time show hospitality and glory for Islam to non-Muslims, proven, Funds are not a big problem for Qatar. Tolerance between religions is the basis of the goal placed by Qatar as the host of the world cup yesterday, that is my understanding if studied in theory.
hero member
Activity: 2408
Merit: 550
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I don't think they have enough hotels and apartment to contain everybody coming into the country during the world cup. Many guest stayed in Dubai, Kuwait and I think Saudi Arabia too. Some even stayed on big cruisers because the accommodation capacity was not enough to contain everybody. Then there is the fact that FIFA has booked hotels for players, guest and officials.
Apart from those who have to live on their own cruisers, what is clear is that Qatar's state income generally increases when the world cup rolls around and the effect is that Qatar will experience an increase in income in 2022 through the world cup. This is of course very good for the country and so far Qatar is also not a country that has problems in terms of the economy so that Qatar always looks more advanced in this world.
sr. member
Activity: 1582
Merit: 279
Qatar's economic influence during the world cup was very large, especially in the infrastructure sector, even though the funds spent were so large, the benefits they got were very large and most importantly they were able to finish well, and they could also promote interfaith harmony which was previously widely thought negative towards Islam but when tourism attacks the country all the notions of terrorism are not what they think.
full member
Activity: 1050
Merit: 110
Qatar spent around $290 billion to host the 2022 World Cup. If they are ready to spent that much, then obviously they are not looking at the ROI. Qatar is not a major tourist destination, and in the future also the situation is going to remain the same. Even some of the infrastructural facilities that they have constructed will sit idle in the future. We need to remember that Qatar is a small country with just around 313,000 citizens (and an additional 3 million expat workers). Unless the population goes up by 10x in the near future, most of this $290 billion will go to waste.
That is so right - they are oil producing country and they are rich people. They are also going to donate the stadiums to the poor developing countries and they and also going to send the buses and other stuff to the struggling country .  . what they aimed for - was success and positive image of Qatar being a muslim country and they did it right!
full member
Activity: 1204
Merit: 110
We can truly say that Qatar's hosting of the FIFA World Cup has had a positive impact. Due to the big event happening, the name of Qatar has increased not only because they host a big event but also because of their preparation that made the tourists who will attend FIFA happy. Another thing is the increase in the income rate of their country and they have done many infrastructure projects. It is not easy to be the host of such events so it is necessary to prepare well for this most beautiful event and ofcourse the income of the country.
Qatar is a rich country and there is nothing they can do solely - they have immigrants who take care of all the things but obviously the heads are Qatari.
For example Qatar air force whole infrastructure is done by the Pakistan air Force. but people love working for them because they get good money in return - they work and come back to their native country that is how Qatar deals with labors.
full member
Activity: 1344
Merit: 103
We can truly say that Qatar's hosting of the FIFA World Cup has had a positive impact. Due to the big event happening, the name of Qatar has increased not only because they host a big event but also because of their preparation that made the tourists who will attend FIFA happy. Another thing is the increase in the income rate of their country and they have done many infrastructure projects. It is not easy to be the host of such events so it is necessary to prepare well for this most beautiful event and ofcourse the income of the country.
full member
Activity: 952
Merit: 108
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Most countries that host these events know they are doing it for a huge loss. The country doesn’t really depend on any revenue generated from this. It’s already fairly well off.
If that's the case, why would a country bribe its way into FIFA to host the World Cup? While they would apparently lose after hosting the World Cup, so what would motivate them to do that? Is it for popularity or what? Cos I don't understand

I find that hard to believe because the majority of the world cup hosts that I am familiar with, South Africa, Brazil, and Russia recovered their costs and even made money after hosting the event well.

Yes, maybe only qatar is the only case, the country does not need profit when receiving the right to host the World Cup, the rest of the countries they see it as a business opportunity, making money for the country. Qatar has nearly 300 billion dollars, this is the largest number ever, and just looking at it is enough to show that they do not need a few billion dollars in profits.
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