The Qatar sovereign wealth fund has declared it will invest an additional 700 trillion won in the United States over the next 10 years.
According to Bloomberg, Mohammed Al-Sowaidi, CEO of the Qatar Investment Authority (QIA), noted in an interview on the 15th (local time) that they plan to invest an additional $500 billion in the United States over the next decade.
He mentioned artificial intelligence (AI), data centers, and healthcare as investment targets, as well as the manufacturing sector emphasized by President Trump.
Earlier, the White House announced that they had signed an economic exchange agreement with Qatar worth over $1.2 trillion regarding President Trump’s visit to Qatar.
The Qatar Investment Authority is one of the eight largest sovereign wealth funds in the world. This additional investment plan for the U.S. matches the $524 billion currently managed by the Qatar Investment Authority.
The Qatari government plans to increase its tax revenue by over $3 billion each year through the expansion of liquefied natural gas (LNG) production. There are projections that significant funds will flow into the Qatar Investment Authority in the future.
Consulting firm GlobalSWF predicted that the total assets of the Qatar Investment Authority could reach $905 billion by 2030.
Bloomberg reported that not only Qatar but also Middle Eastern countries such as Saudi Arabia, the UAE, and Kuwait are actively investing in the United States.
It pointed out that if these entities focus on similar investment opportunities, there could be intensified competition and risks associated with high-value transactions.