Qatar Construction Market Examined in Topical Timetric Study Published at MarketPublishers.com03 Mar 2014 • by Natalie Aster
LONDON – The Qatari construction industry posted a 0.07% CAGR from 2008 to 2012. The growth was supported by the government’s massive investment into developing the domestic infrastructure, tourism, and education sectors. However, the after-effect of the financial crunch and the consequent lowering of confidence amid private investors reduced the demand for residential and commercial construction projects, which in turn slackened the market growth rates.
The prospects of Qatari construction are bright, considering the oncoming 2022 FIFA World Cup and, as a result, the government’s increased interest in residential and infrastructure construction. Through 2016, a total of USD 125 billion is expected to be allocated for different development & construction projects. During the forecast period, the industry’s output is likely to expand by nearly CAGR of 5.5% on average. Additionally, the construction market growth is set to be fuelled by the Qatar National Vision 2030, by means of which the nation strives for turning into an advanced society which is able to sustain its development and secure high living standards for all of its citizens today and in future years.
Topical report “Construction in Qatar – Key Trends and Opportunities to 2017” elaborated by Timetric gives an objective overview of the Qatari construction industry.
The research report draws up a comprehensive picture of the actual condition of the national construction market; provides historical and forecasted market values for the industry; offers market segmentation by sector and project type; presents individual values for each type of project, construction activity type, and the type of cost. A thorough discussion of cost management, regulation, pricing and funding issues is at hand in the report. The study contains a granular analysis of the competitive landscape by using Porter’s five forces analysis, and profiles the top domestic companies – Khayyat Contracting & Trading, Bilfinger Berger Qatar WLL, Qatar Engineering & Construction Company WLL, HBK Contracting Company WLL, and Medgulf Construction Company. Information on the largest projects in Qatar is available, too.
Construction in Qatar – Key Trends and Opportunities to 2017
Published: February, 2014
Price: US$ 1,950.00
Other Construction Market Reports Include:
- Construction in Kuwait – Key Trends and Opportunities to 2017
- Construction in the UAE – Key Trends and Opportunities to 2017
- Construction in Saudi Arabia – Key Trends and Opportunities to 2017
More studies by the publisher can be found at Timetric page.