Home Business NewsBusiness British firms on track to score football World Cup contracts worth £1.5bn

British firms on track to score football World Cup contracts worth £1.5bn

by LLB Reporter
3rd Dec 18 8:45 am

British companies will play a major role in ensuring a successful 2022 FIFA World Cup in Qatar and are expected to be involved in many aspects of the tournament from building new stadiums to cutting the grass and providing pitch-side security guards.

The Department for International Trade has already helped British companies to secure £940m in Qatar World Cup-related exports and aims for at least a further £500m before the competition kicks-off in 2022.

The UK’s Trade Policy Minister George Hollingbery is in Qatar today (2 December) for the second meeting of the Joint Ministerial Economic Commercial and Technical Committee (JETCO).

Talks will explore partnership opportunities for British business at the 2022 World Cup as well as celebrating the continued rise of trade between the two countries, which totalled £3.39bn in 2017, an increase of 70% over the last five years.

Minister for International Trade George Hollingbery, said: “With our football teams enjoying success this summer and fantastic support coming from all four nations, it’s great to see British business winning contracts and making these fantastic events the spectacle they are.

Our world class construction companies have some of the best safety records in the world and they will play an important role in delivering a safe and successful World Cup.

If our nations have as much success in Qatar 2022 as UK businesses are having supporting it, we are in for another great tournament.”

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