As Qatar moves forward on hundreds of new construction projects in the lead-up to the 2022 FIFA World Cup, under the broader auspices of its Qatar National Vision 2030 (QNV 2030) development plan, maintaining the highest standards of workmanship and materials has become a key government priority. The enactment of the Qatar Construction...
Although growth has slowed following a banner year in 2014, Qatar’s construction industry remains one of the most vibrant and fast-expanding in the Middle East, and a key driver of non-oil growth in the state. Major infrastructure projects including the Doha Metro, Long Distance Rail, Hamad Port, the next phase of expansion at Hamad...
Although Qatar’s construction pipeline is valued at $200bn, the industry faced challenges in 2015 as falling global oil prices and international volatility affected government revenues and expenditure. Despite the huge array of opportunities on offer, foreign construction companies have faced challenges. This presents a number of new...
Although growth has slowed following a banner year in 2014, Qatar’s construction industry remains one of the most vibrant and fast expanding in the Middle East, and a key driver of non-oil growth. Major infrastructure projects including the Doha Metro, Long Distance Rail, Hamad Port, the next phase of expansion at Hamad International Airport (HIA), and a network of new roads and drainage...
With the fall in oil prices underlining the dangers of an over reliance on hydrocarbons revenues, Qatar has continued to forge ahead with its economic diversification drive in 2016. Non-hydrocarbons growth now outstrips hydrocarbons growth, with several big-ticket construction projects, an increasingly dynamic financial services sector and a growing reputation as a tourist destination all fuelling non-oil expansion.
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