The Tower Bridge and the Shard in London on July 27, 2012, before the opening ceremony of the London Olympic Games
The Tower Bridge and the Qatar-financed Shard last July before the opening of the London Olympic Games. The Gulf state of Qatar has started talks with the British government over an investment of up to £10 billion ($15 billion, 11.5 billion euros) in infrastructure projects, the Financial Times reported on Thursday. © Will Oliver - AFP/File
The Tower Bridge and the Shard in London on July 27, 2012, before the opening ceremony of the London Olympic Games
AFP
Last updated: March 14, 2013

Qatar in talks on £10 billion investment in UK

The Gulf state of Qatar has started talks with the British government over an investment of up to £10 billion ($15 billion, 11.5 billion euros) in infrastructure projects, the Financial Times reported on Thursday.

The FT, which did not cite its source, reported that officials and ministers from both nations have held discussions on what schemes the Qataris could invest in and whether a special fund could be established.

Possible infrastructure projects could include energy plants, roads, railways and sewers, according to the paper.

Gas-rich Qatar has in recent years snapped up a string of major assets in Britain, including Harrods, the world's famous department store. The state also financed 95 percent of the Shard -- Europe's tallest skyscraper which pierces the London skyline.

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