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Qatar to invest 100mn euros in Bulgaria

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By Shoaib Ur Rehman
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euro-m_400DOHA: Qatar plans to invest 100 million euros ($130.3 million) in agriculture, tourism and infrastructure in Bulgaria, the Gulf Arab state's official news agency QNA said on Thursday.

The agency quoted Prime Minister Sheikh Hamad Bin Jassim al-Thani as saying Qatar has "a real desire to invest in Bulgaria".

The report did not give a timeline for the investment plans by cash-rich Qatar, which has been on an international acquisitions spree.

Copyright Reuters, 2012

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