Market Insights

The Qatar National Vision 2030 and the FIFA World Cup Qatar 2022 are major growth drivers for Qatar’s construction industry. The ongoing implementation of major development projects across various sectors (building, hospitality, tourism, transportation, infrastructure, etc.) adheres to the Qatar National Vision (QNV 2030) and aims at creating conducive conditions for more private-public participation. Beyond the 2020 budget, the country’s projects pipeline has over 1000 planned developments worth USD 150 Bn (QR 546 Bn) that have yet to be awarded. About USD 80 Bn (QR 291 Bn) of this is destined for new projects in the construction sector, with planned infrastructure projects accounting for a large portion of overall investment.

• USD 4.53 Bn (QR 16.5 Bn)- Health sector projects that include the expansion of Hamad Medical Corporation facilities and the establishment of new Primary Care Centers
• USD 4.8 Bn (QR 17.4 Bn)- Education sector projects that include the expansion and development of existing schools and educational institutions
• USD 3.6 Bn (QR 13.0 Bn)- Culture and Sports sector projects that include the completion of stadiums for the 2022 World Cup
• USD 7 Bn (QR 25.4 Bn)- Municipality and Environment sector to further develop major infrastructure projects
• USD 3.2 Bn (QR 11.5 Bn)- Transportation & Communications sector projects that include the HIA Airport City