Qatar Shows What Owning 10% of Porsche Can Do For Your Police Fleet [Video]
Each year on December 18th, Qatar celebrates its National Day of unification and and independence. And on that day, the citizens of Qatar get to admire the fleet of Porsche police cars the country has as the fleet parades through the city.
So why exactly does Qatar’s police force have so many Porsches in it? Well Qatar Investment Authority is the state-owned investment arm of Qatar, which is a subsidiary of Qatar Holding LLC. Originally setup to diversify the wealth of Qatar, both control over $60 billion in assets which include 17-percent of Volkswagen and 10-percent of Porsche AG.
Clearly the wealth is being diversified in Qatar – even the police force is benefiting with Panameras and Cayennes.
Check out the video clip below:
[Source: World Car Fans]
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