Its relatively small population and status as the world’s biggest gas exporter have helped Qatar become the richest country globally in terms of GDP per capita, which stood at $72,700 at current prices in 2019, according to IMF estimates. In recent years, however, the nation has faced strong economic headwinds from a drop in global energy prices to a diplomatic blockade.
Rising demand for hard infrastructure in Qatar is providing more opportunities for local construction firms, with smaller-scale businesses set to be key beneficiaries of nationwide development projects.
In December 2010 Qatar beat competition from the US, Australia, Japan and South Korea to become the venue for the 2022 FIFA World Cup. In so doing it became the first Arab country and the smallest nation to ever be awarded the honour. Yet what Qatar may lack in size it is more than making up for in investment and planning for this momentous...
A quick look at the Doha skyline reveals just how much activity there is in Qatar’s construction sector currently, with cranes and scaffolding-clad towers, the thump of piledrivers and convoys of cement trucks snaking through the city’s streets. Activity in the capital is just one aspect of the work being done, with highways, housing estates...
Is the new bulk material handling system (BMHS) helping satisfy demand for construction materials for the $200bn infrastructure programme?
How do you assess the effectiveness of infrastructure projects in stimulating the economy?
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