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.
Qatar Construction
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Economic update | Qatar’s major works driving growth
28 Feb 2017
The Qatari government has increased its budget allocation for major works this year, with many of the projects being undertaken in preparation for the 2022 FIFA World Cup well under way.
Economic update | Qatar: Of Finance and the Fall
11 May 2016
With Qatar’s state budget now moving into deficit for the first time in 15 years, clearly a new paradigm for construction project financing is now beginning.
This new pattern will likely continue to be the blueprint for some time, too, as many analysts believe oil and gas prices are unlikely to dramatically turn around soon – further eroding government...
With a wave of new projects moving from the drawing board to the roll-out stage in Qatar’s Lusail City development, activity in the construction sector looks set to shift up a gear.
Economic update | Financing Qatar’s Mega-Projects
27 May 2015
A quick scan down the list of strategic projects currently getting underway in Qatar reveals not only the enormous scale of construction, but also the size of the state’s project financing commitments.
From the QR136.5bn Qatar Rail roll out to the comparatively modest QR20bn and QR30bn sums attached to Education City, Musheireb, Barwa City and the World Cup stadiums...
Economic update | Qatar’s real estate sector heats up
17 Sep 2014
Real estate prices in Qatar hit record highs in June after rising 28.9% year-on-year (y-o-y) according to the Real Estate Price Index (REPI) published by the Qatar Central Bank (QCB), its most recent data. The average prices for land, commercial and residential properties in June were 20% higher than the previous peak of September 2008, the central bank said.