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NEWS
Winning sport-related business in Russia and Qatar 'a challenge' for British firms
POSTED 24 Feb 2016 . BY Matthew Campelli
UKTI's Aizaz Thapur (left) and Taissia Zelenkova (centre-left) revealed business opportunities around the 2018 and 2022 FIFA World Cups
Negative media reports from the UK about Qatar and sanctions on some Russian businesses has made it “challenging” for British firms to win contracts related to the FIFA World Cup tournaments they will respectively host, according to trade experts.

Russia is set to host the tournament in 2018, with Qatar staging the major football event four years later.

Of the latter, numerous reports have emerged over the last few years which have speculated on the number of deaths caused during stadium construction, with figures are high as 7,000 mooted by reports – although the Qatari government has repeatedly refuted the claims.

Aizaz Thapur – UK Trade and Investment (UKTI) senior commercial attache based in Doha – said that matching British firms with buyers in Qatar had “been a challenge”, adding: “What really doesn’t help is that the news reports come from this country (UK), so that can make things uncomfortable. But, to be honest, I think that the decision-makers and influencers in Qatar are knowledgeable enough to overlook that.”

Talking at UKTI’s Global Sports Project Conference 2016 yesterday (23 February), Thapur told delegates that there was “significant opportunity” to win contracts in Qatar as the nation was embarking on a US$200bn infrastructure expansion as part of its 2030 national vision – of which the World Cup plays a significant part.

Qatar may build up to 12 stadia and 94 training facilities in the run-up to the tournament, as well as 130 hotels and transport infrastructure improvements, so opportunities were there, but only for businesses with “innovative and sustainable solutions”.

“Qatar is a competitive market, but it has huge potential,” he said. “The whole world is trying to sell to Qatar – we need to bring our niche areas and state-of-the-art products to market.”

Russia has also had its fair share of bad press after its military intervention in Ukraine, and has had subsequent trade sanctions implemented as a result.

UKTI Russia head of team, Global Sporting Events, Taissia Zelenkova, admitted that challenges existed when trying to pair British firms with Russian companies, not just in term of the sanctions but also the country’s economic downturn which has resulted in a drastic devaluation of its currency.

As a result, Russia has had to review its budget for the 2018 World Cup, and has been permitted by FIFA to reduce the number of training grounds to three per stadium from four. However, the budget reduction does not affect the investment in stadia and infrastructure.

Zelenkova highlighted opportunities in temporary construction, overlay supply and installation, sports venue security and the modernisation of 11 airport. British firms can find out which Russia organisations are sanctioned via information from the Foreign and Commonwealth Office.

For both nations, the cloud surrounding FIFA’s corruption crisis has also raised questions over the legitimacy of their winning bids.
PROJECT PROFILE:

Al Rayyan stadium, Qatar – World Cup 2022
Qatar 2022 World Cup officials have revealed plans for the fifth 2022 World Cup venue – the Al Rayyan stadium.


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NEWS
Winning sport-related business in Russia and Qatar 'a challenge' for British firms
POSTED 24 Feb 2016 . BY Matthew Campelli
UKTI's Aizaz Thapur (left) and Taissia Zelenkova (centre-left) revealed business opportunities around the 2018 and 2022 FIFA World Cups
Negative media reports from the UK about Qatar and sanctions on some Russian businesses has made it “challenging” for British firms to win contracts related to the FIFA World Cup tournaments they will respectively host, according to trade experts.

Russia is set to host the tournament in 2018, with Qatar staging the major football event four years later.

Of the latter, numerous reports have emerged over the last few years which have speculated on the number of deaths caused during stadium construction, with figures are high as 7,000 mooted by reports – although the Qatari government has repeatedly refuted the claims.

Aizaz Thapur – UK Trade and Investment (UKTI) senior commercial attache based in Doha – said that matching British firms with buyers in Qatar had “been a challenge”, adding: “What really doesn’t help is that the news reports come from this country (UK), so that can make things uncomfortable. But, to be honest, I think that the decision-makers and influencers in Qatar are knowledgeable enough to overlook that.”

Talking at UKTI’s Global Sports Project Conference 2016 yesterday (23 February), Thapur told delegates that there was “significant opportunity” to win contracts in Qatar as the nation was embarking on a US$200bn infrastructure expansion as part of its 2030 national vision – of which the World Cup plays a significant part.

Qatar may build up to 12 stadia and 94 training facilities in the run-up to the tournament, as well as 130 hotels and transport infrastructure improvements, so opportunities were there, but only for businesses with “innovative and sustainable solutions”.

“Qatar is a competitive market, but it has huge potential,” he said. “The whole world is trying to sell to Qatar – we need to bring our niche areas and state-of-the-art products to market.”

Russia has also had its fair share of bad press after its military intervention in Ukraine, and has had subsequent trade sanctions implemented as a result.

UKTI Russia head of team, Global Sporting Events, Taissia Zelenkova, admitted that challenges existed when trying to pair British firms with Russian companies, not just in term of the sanctions but also the country’s economic downturn which has resulted in a drastic devaluation of its currency.

As a result, Russia has had to review its budget for the 2018 World Cup, and has been permitted by FIFA to reduce the number of training grounds to three per stadium from four. However, the budget reduction does not affect the investment in stadia and infrastructure.

Zelenkova highlighted opportunities in temporary construction, overlay supply and installation, sports venue security and the modernisation of 11 airport. British firms can find out which Russia organisations are sanctioned via information from the Foreign and Commonwealth Office.

For both nations, the cloud surrounding FIFA’s corruption crisis has also raised questions over the legitimacy of their winning bids.
RELATED STORIES
British firms win £600m worth of business as a result of Brazilian sporting events


British companies have won £600m (US$846.8m, €769.2m) worth of business from Brazil since 2013 as a result of the nation hosting several major sporting events in quick succession.
Populous lined up to design Qatar 2022 stadium


Populous, the architects behind London’s Olympic Stadium, have won the contract to design a 40,000-capacity stadium for the Qatar 2022 World Cup.
England should Boycott Russia 2018 World Cup, says Andy Burnham


England should take a stand against FIFA corruption and military aggression in Russia by boycotting the 2018 World Cup, says Andy Burnham – the frontrunner in the Labour Party leadership contest.
Pressure mounts on FIFA following fresh Qatar 2022 corruption allegations


FIFA investigator Michael Garcia is set to meet organisers of the Qatar 2022 World Cup on Monday night, amid calls for the bidding process to be reopened following fresh allegations of corruption.
MORE NEWS
David Rockwell creates immersive magic destination, The Hand and The Eye
A US$50 million (£44.2 million, €51.2 million) transformation of Chicago's historic McCormick Mansion has created a new destination that combines live magic, immersive theatre, dining and private membership under one roof.
Montana Heritage Center opens with immersive exhibits and US$107 million investment
The Montana Historical Society has officially celebrated the opening of its new Montana Heritage Center, a US$107 million (£79 million, €92 million) destination that combines immersive storytelling with cutting-edge audiovisual technology to bring the sta
Universal launches new theme park model with Kids Resort
Universal Destinations and Experiences has launched a new regional theme park model with the opening of Universal Kids Resort in Frisco, Texas.
San Antonio Zoo reports $283 million economic impact as expansion plans progress
San Antonio Zoo has reported a US$283 million economic impact for 2025, following a decade- long transformation programme that has seen almost US$200 million invested into the Texas attraction.
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Founded in 1993, Taylor Made Designs supply corporate clothing and brand-enhancing merchandise to [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
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