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]
Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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