Construction in Qatar – Key Trends and Opportunities to 2017

Date: 2015-09

The Qatari construction industry recorded a review-period CAGR of 0.07%. The government has invested considerably in developing the country’s tourism, education and infrastructure, which led to growth in the industry. However, growth was hampered by the impact of the financial crisis, which reduced the demand for residential and commercial construction projects due to a lack of confidence among private investors. The outlook for construction is favorable, as a result of Qatar hosting the FIFA 2022 World Cup, resulting in the government’s focus on infrastructure and residential construction. The industry’s output is expected to record a CAGR of 5.50% over the forecast period.

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