Qatar Construction Industry - Building up for the Kick-Off
Description
Qatar is one of the fastest growing economies in the world as also the world’s third largest producer and supplier of Liquified Natural Gas (LNG) and among the top 20 producers of oil. Armed with a plan to diversify from its dependence on hydrocarbons by prudently investing its vast hydrocarbon surplus into the expansion and diversification of the economy, the economy of Qatar has undertaken a slew of investments at a cost of over US$ 125 billion across core sectors of the economy and embarked on an ambitious plan to put Qatar on the World Map through its successful growth ambitions.
While managing to keep away from the adverse effects of the global economic slowdown and the Arab Spring, it has also won the prestigious bid to host the 2022 World Cup FIFA Football event, which it is preparing for by sprucing up the face of Qatar not only across its stadia and real estate but also through massive upgrades in its existing infrastructure including ports, a new international airport, a railway network, roads and highways of which some are new and some are being upgraded, new hotels and recreation complexes are also being built to house the players, tourists and visitors to the grand event.
The hosting of the World Cup is being viewed as a stepping stone to the long standing vision of the country outlined in its National Vision 2030 to put Qatar on the World map as a leading destination for tourists and investors alike on a sustainable platform which is enviornmentally sound and improves the standards of living of the Qatari citizens at large.
Contracts worth US$ 16,138 million were awarded across construction sectors in 2011 and more are likely to be awarded in 2012 reaching US$ 19,200 million in 2012 and US$ 21,928 million in 2013, respectively as bulk of the projects being readied for the World Cup 2022 event including 9 stadia and infrastructure projects such as the deep sea port, the new international airport due for completion in 2012, the metro and other railway projects, the roads and highways expansion and upgrade projects are all likely to witness contract awards for core and associated projects between 2011 and 2013.
Based on its vast experience of tracking construction markets across the GCC and MENA region, this Ventures Middle East report the “Qatar Construction Industry-Building up for the Kick Off” explores how the winning bid for the World Cup among other factors have helped Qatar speed up its developmental plans to help fuel growth across its construction industry. It also explores the factors shaping the growth of the industry through an analysis of the Political, Social, Economic, Technological, Legal and Regulatory and Environmental factors that govern its growth and the key market drivers and restraints with the help of a probability-impact matrix, to its achieving its full potential.
The report also provides an individual analysis of the key sectors of the Qatar construction industry namely, building construction, infrastructure, oil and gas, power and water desalination and industrial sectors are analysed individually highlighting the main opportunities and challenges faced by each sector in its race toward growth along with vital statistics on the market size and contracts awarded across the industry and its core sectors along with forecasts till 2013.
The latest ongoing projects in each sector are also provided for an insight into the goings on in the Qatar construction industry and the sectors to watch out for. This report helps the reader understand how some of the sectors such as industrial and infrastructure form the cornerstone of the growth plans of Qatar, while others such as buildings and oil and gas form its core components and keep the growth process sustainable and high.
Qatar is one of the fastest growing economies in the world as also the world’s third largest producer and supplier of Liquified Natural Gas (LNG) and among the top 20 producers of oil. Armed with a plan to diversify from its dependence on hydrocarbons by prudently investing its vast hydrocarbon surplus into the expansion and diversification of the economy, the economy of Qatar has undertaken a slew of investments at a cost of over US$ 125 billion across core sectors of the economy and embarked on an ambitious plan to put Qatar on the World Map through its successful growth ambitions.
While managing to keep away from the adverse effects of the global economic slowdown and the Arab Spring, it has also won the prestigious bid to host the 2022 World Cup FIFA Football event, which it is preparing for by sprucing up the face of Qatar not only across its stadia and real estate but also through massive upgrades in its existing infrastructure including ports, a new international airport, a railway network, roads and highways of which some are new and some are being upgraded, new hotels and recreation complexes are also being built to house the players, tourists and visitors to the grand event.
The hosting of the World Cup is being viewed as a stepping stone to the long standing vision of the country outlined in its National Vision 2030 to put Qatar on the World map as a leading destination for tourists and investors alike on a sustainable platform which is enviornmentally sound and improves the standards of living of the Qatari citizens at large.
Contracts worth US$ 16,138 million were awarded across construction sectors in 2011 and more are likely to be awarded in 2012 reaching US$ 19,200 million in 2012 and US$ 21,928 million in 2013, respectively as bulk of the projects being readied for the World Cup 2022 event including 9 stadia and infrastructure projects such as the deep sea port, the new international airport due for completion in 2012, the metro and other railway projects, the roads and highways expansion and upgrade projects are all likely to witness contract awards for core and associated projects between 2011 and 2013.
Based on its vast experience of tracking construction markets across the GCC and MENA region, this Ventures Middle East report the “Qatar Construction Industry-Building up for the Kick Off” explores how the winning bid for the World Cup among other factors have helped Qatar speed up its developmental plans to help fuel growth across its construction industry. It also explores the factors shaping the growth of the industry through an analysis of the Political, Social, Economic, Technological, Legal and Regulatory and Environmental factors that govern its growth and the key market drivers and restraints with the help of a probability-impact matrix, to its achieving its full potential.
The report also provides an individual analysis of the key sectors of the Qatar construction industry namely, building construction, infrastructure, oil and gas, power and water desalination and industrial sectors are analysed individually highlighting the main opportunities and challenges faced by each sector in its race toward growth along with vital statistics on the market size and contracts awarded across the industry and its core sectors along with forecasts till 2013.
The latest ongoing projects in each sector are also provided for an insight into the goings on in the Qatar construction industry and the sectors to watch out for. This report helps the reader understand how some of the sectors such as industrial and infrastructure form the cornerstone of the growth plans of Qatar, while others such as buildings and oil and gas form its core components and keep the growth process sustainable and high.
CHAPTER 1. EXECUTIVE SUMMARY
Executive Summary
CHAPTER 1. STRATEGIC OVERVIEW OF THE QATAR CONSTRUCTION INDUSTRY
Qatar Economy in 2012
Qatar Construction Industry Overview
Market Drivers and Restraints and Probability Impact Matrix
Key Sectors in Qatar Construction
Market Size and Construction Contractor Awards 2010-2013
CHAPTER 2. QATAR OIL AND GAS SECTOR OVERVIEW
Organization of Qatar Oil and Gas Sector
Market Size of Qatar Oil and Gas Sector
Downstream Activities
Construction Contract Awards for Qatar Oil and Gas Sector, 2010-2013
Major Projects in Qatar Oil and Gas Sector
CHAPTER 3. QATAR POWER AND WATER DESALINATION SECTOR OVERVIEW
Market Size of Qatar Power and Water Desalination Sector
Construction Contract Awards For Power and Water Sector in Qatar (2010 -2013)
Major Projects in Qatar Power and Water Desalination Sector
CHAPTER 4. QATAR BUILDING CONSTRUCTION SECTOR OVERVIEW
Market Size of Qatar Building Construction Sector
Qatar Building Construction Contract Awards for 2010 -2013
Major Building Construction Projects in Qatar
CHAPTER 5. QATAR INFRASTRUCTURE SECTOR OVERVIEW
Market Size of Qatar Infrastructure Sector
Qatar Infrastructure Construction Contract Awards for 2010-2013
Major Infrastructure Projects in Qatar
CHAPTER 6. QATAR INDUSTRIAL CONSTRUCTION SECTOR OVERVIEW
Market Size of Qatar Industrial Construction Sector
Qatar Industrial Construction Contract Awards for 2010 -2013
Major Industrial Construction Projects in Qatar
CHAPTER 7.FUTURE OUTLOOK FOR QATAR CONSTRUCTION
METHODOLOGY
CODE OF ETHICS
VENTURES ONSITE MENA PROJECTS DATABASE
LIST OF TABLES
Table 1: Qatar Macroeconomic Indicators, 2011 (E)
Table 2: Qatar Oil & Gas Indicators, 2011
Table 3: Major Projects in Qatar Oil and Gas Construction by Project Value (US$ Million), May 2012
Table 4: Major Projects in Qatar Power and Water Desalination Sector by Project Value (US$ Million), May 2012
Table 5: Major Projects in Qatar Building Construction by Project Value (US$ Million), May 2012
Table 6: Major Projects in Qatar Infrastructure Construction by Project Value (US$ Million), May 2012
Table 7: Major Projects in Qatar Industrial Construction by Project Value (US$ Million), May 2012
Executive Summary
CHAPTER 1. STRATEGIC OVERVIEW OF THE QATAR CONSTRUCTION INDUSTRY
Qatar Economy in 2012
Qatar Construction Industry Overview
Market Drivers and Restraints and Probability Impact Matrix
Key Sectors in Qatar Construction
Market Size and Construction Contractor Awards 2010-2013
CHAPTER 2. QATAR OIL AND GAS SECTOR OVERVIEW
Organization of Qatar Oil and Gas Sector
Market Size of Qatar Oil and Gas Sector
Downstream Activities
Construction Contract Awards for Qatar Oil and Gas Sector, 2010-2013
Major Projects in Qatar Oil and Gas Sector
CHAPTER 3. QATAR POWER AND WATER DESALINATION SECTOR OVERVIEW
Market Size of Qatar Power and Water Desalination Sector
Construction Contract Awards For Power and Water Sector in Qatar (2010 -2013)
Major Projects in Qatar Power and Water Desalination Sector
CHAPTER 4. QATAR BUILDING CONSTRUCTION SECTOR OVERVIEW
Market Size of Qatar Building Construction Sector
Qatar Building Construction Contract Awards for 2010 -2013
Major Building Construction Projects in Qatar
CHAPTER 5. QATAR INFRASTRUCTURE SECTOR OVERVIEW
Market Size of Qatar Infrastructure Sector
Qatar Infrastructure Construction Contract Awards for 2010-2013
Major Infrastructure Projects in Qatar
CHAPTER 6. QATAR INDUSTRIAL CONSTRUCTION SECTOR OVERVIEW
Market Size of Qatar Industrial Construction Sector
Qatar Industrial Construction Contract Awards for 2010 -2013
Major Industrial Construction Projects in Qatar
CHAPTER 7.FUTURE OUTLOOK FOR QATAR CONSTRUCTION
METHODOLOGY
CODE OF ETHICS
VENTURES ONSITE MENA PROJECTS DATABASE
LIST OF TABLES
Table 1: Qatar Macroeconomic Indicators, 2011 (E)
Table 2: Qatar Oil & Gas Indicators, 2011
Table 3: Major Projects in Qatar Oil and Gas Construction by Project Value (US$ Million), May 2012
Table 4: Major Projects in Qatar Power and Water Desalination Sector by Project Value (US$ Million), May 2012
Table 5: Major Projects in Qatar Building Construction by Project Value (US$ Million), May 2012
Table 6: Major Projects in Qatar Infrastructure Construction by Project Value (US$ Million), May 2012
Table 7: Major Projects in Qatar Industrial Construction by Project Value (US$ Million), May 2012
LIST OF FIGURES
Figure 1: Qatar GDP by Value Added, Shares by Economic Activity (%), 2010
Figure 2: Qatar Construction Industry Budget Totals Split by Sector (US$ Million), April 2012
Figure 3: Qatar Construction Contractor Awards (US$ Million), 2010-2013
Figure 4: Qatar Oil and Gas Construction Contractor Awards (US$ Million), 2010-2013
Figure 5: Opportunities -Challenges in Qatar Oil and Gas Sector, 2012
Figure 6: Qatar Power and Water Construction Contractor Awards (US$ Million), 2010-2013
Figure 7: Opportunities-Challenges in Qatar Power & Water Desalination Sector, 2012
Figure 8: Qatar Building Construction Contractor Awards (US$ Million), 2010-2013
Figure 9: Opportunities-Challenges for the Qatar Building Construction Sector, 2012
Figure 10: Qatar Infrastructure Construction Contractor Awards (US$ Million), 2010-2013
Figure 11: Opportunities-Challenges for Qatar Infrastructure Sector, 2012
Figure 12: Qatar Industrial Construction Contractor Awards (US$ Million), 2010-2013
Figure 13: Opportunities-Challenges for Qatar's Industrial Sector, 2012
Figure 1: Qatar GDP by Value Added, Shares by Economic Activity (%), 2010
Figure 2: Qatar Construction Industry Budget Totals Split by Sector (US$ Million), April 2012
Figure 3: Qatar Construction Contractor Awards (US$ Million), 2010-2013
Figure 4: Qatar Oil and Gas Construction Contractor Awards (US$ Million), 2010-2013
Figure 5: Opportunities -Challenges in Qatar Oil and Gas Sector, 2012
Figure 6: Qatar Power and Water Construction Contractor Awards (US$ Million), 2010-2013
Figure 7: Opportunities-Challenges in Qatar Power & Water Desalination Sector, 2012
Figure 8: Qatar Building Construction Contractor Awards (US$ Million), 2010-2013
Figure 9: Opportunities-Challenges for the Qatar Building Construction Sector, 2012
Figure 10: Qatar Infrastructure Construction Contractor Awards (US$ Million), 2010-2013
Figure 11: Opportunities-Challenges for Qatar Infrastructure Sector, 2012
Figure 12: Qatar Industrial Construction Contractor Awards (US$ Million), 2010-2013
Figure 13: Opportunities-Challenges for Qatar's Industrial Sector, 2012
