New Analysis on Building Construction Industry in Qatar

Published on January 12, 2011 at 12:40 AM

Research and Markets has announced the addition of the "Qatar - the Rising Star in the GCC Building Construction Industry" report to their offering.

What is unique about Qatar is not that it is among the fastest growing nations in the world or that it has a vast reserve of natural gas which has helped its expansion and diversification plans in recent years, but that it has managed to withstand the downturn through its strong economic fundamentals and a prudent mix of fiscal policies supporting a relatively small population of which a large proportion are expatriates. Its construction industry has received a massive fillip from the largely government backed projects and planned diversification projecting Qatar as a global tourist destination along with smart easing of controls on foreign ownership of freehold property to lure the global investors to aid its investment and diversification programmes. The building construction industry of Qatar witnessed construction contract awards to the tune of US$8,672 million in 2009, which is expected to increase to US$10,014 million by 2012.

The announcement that Qatar will host the 2022 FIFA football World Cup tournament is expected to spur significant investments to spill over to its Construction market. This presents an extended opportunity for global investors and companies involved with construction, property and infrastructure development to assess the potential in investing within this highly stable economy. It is estimated that Qatar will invest around US$60 billion to US$70 billion in hotel, leisure, tourism, sports, recreational and infrastructure projects as it prepares to host the FIFA World Cup in 2022.

Under its ambitious Qatar National Vision 2030 programme, the kingdom has aimed to self sustain its development and provide high standards of living to its people. The "Qatar - The Rising Star in the GCC Building Construction Industry" report aims to explore how the country plans to use its ambitious plans to propel the growth of its building construction industry and the political, economic, social, technological, legal and environmental factors that drive or restrain the growth of this industry to its maximum potential. These factors are summarized through a probability impact matrix that explains the probability of occurrence of these market drivers and restraints and their impact on the industry in the medium to long term.

The report also provides the latest statistics and forecasts on the construction contract awards and actual construction spend in the building construction industry and its sub sectors that include commercial, residential, mixed use, retail, tourism and leisure and others (including airports, educational institutions, hospitals and healthcare facilities and other miscellaneous projects) between 2008 and 2012.

The report also includes a listing of the top projects in each segment of the building construction market as of December 2010 along with the top clients, consultants and contractors in the industry.

Key Topics Covered:

Chapter 1. Executive Summary

Chapter 2. The Qatar Building Construction Industry Overview:

  • Market Drivers and Restraints and Probability Impact Matrix

Chapter 3. Qatar Building Construction Market Overview:

  • Contract Awards and Construction Spend
  • Qatar Retail Segment Construction market
  • Qatar Residential Segment Construction market
  • Qatar Commercial Segment of the Building Construction market
  • Qatar Mixed Use Segment Construction market
  • Qatar Tourism and Leisure Segment of the Building Construction market
  • Others Segment (Includes Airport, Hospitals, Educational Institutions and Miscellaneous Projects)

Chapter 4. Top Clients, Consultants and Contractors across the Qatar building construction industry:

  • Top Clients
  • Top Contractors

Chapter 5. Future Outlook for the Qatar Building Construction Industry:

  • Methodology
  • Code of Ethics
  • Ventures Onsite MENA Projects Database

Source: http://www.researchandmarkets.com/

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