Qatar Treads Off the Beaten Path in Quest for U.S. Investments
- Economy minister leads roadshow in Miami, Houston and Dallas
- Gas-rich country also seeks to attract U.S. companies
Pumpjacks operate on oil wells in the Permian Basin in Texas.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
Qatari investors are hitting the road less traveled in their current tour of the U.S., sizing up deals in South Carolina, Florida and Texas rather than hitting only New York and other mainstays.
The biggest exporter of liquefied natural gas has already spent more than $17 billion of the $35 billion it plans to invest in the U.S. by 2020, with an additional $10 billion earmarked for infrastructure projects, Sheikh Ahmed Bin Jassim Bin Mohammed Al Thani, Qatar’s minister of economy and commerce, said in an interview in Washington.