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Qatar Construction Industry - The World Cup 2022 and Beyond


News provided by

Bharat Book Bureau

10 Feb, 2015, 10:30 GMT

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MUMBAI, February 10, 2015 /PRNewswire/ --

Despite global concerns on plunging oil prices, Qatar appears undeterred in its expansion programme, forecasting a real GDP growth of 7.7 percent for 2015, according to the latest statistical update released by the Ministry of Developmental Planning and Statistics in mid-December 2014. As the world's third largest producer of Liquefied Natural Gas (LNG), it is less affected by the prices of cheap oil than its other Gulf counterparts, despite figuring among the world's top ten producers of oil. It is even likely that at the current oil prices the state budget might break even or even continue generating its vast fiscal surpluses enough to meet any unforeseen deficits in the future.

In the run up to the hosting of the World Cup 2022 and IAAF World Athletics Championship 2019 events, Qatar has unveiled ambitious plans to upgrade infrastructure including, a well-integrated road and rail network comprising, metro rail, roadways, highways and flyovers, upgrades to airports to accommodate the anticipated spurt in tourists and passengers and connecting the venues to the games, which are all situated in and around Doha, the capital city. As work begins on the nine stadia to host prestigious World's sporting events, a US$ 62 billion budget has been allocated in the 2014-15 budget toward infrastructure, hotels, transport and stadia, and Qatar's largest infrastructure budget till date has zoomed 16 percent over 2013-14 allocations.

Request for Sample Page: 

https://www.bharatbook.com/manufacturing-construction-market-research-reports-195256/qatar-construction-industry-world-cup.html

Some of the mega infrastructure projects include the US$ 7 billion New Doha Port project, allocation of US$ 20 billion towards construction of roadways and highways and the biggest of them being the construction of 8 Eco-friendly stadia at an estimated cost of over US$ 32 billion, some of which are being built afresh, while others are to be refurbished. Work has already begun on seven of the eight stadiums scheduled for the World Cup at Lusail, Al Wakrah, Al Khor, Al Rayyan, New Airport, the Khalifa Stadium and the Qatar Foundation Stadium. Transportation is also a cornerstone of the infrastructure upgrade budgeted in 2014, including allocations for the completion of the Hamad International Airport, which is now completed and operational contributing to the new increased influx of population in the run up to the World Cup 2022 event, the New Doha Port, rail, metro and road projects already planned for.

Social infrastructure such as education and healthcare have also found significant allocations in the country's budgets to ensure that Qatar upgrades in every sphere to raise the standards of living of its citizens in accordance with its Vision 2030 and the National Development Strategy (2011 -2016), the medium term plan adopted to achieve the vision and the World Cup 2022 targets.

While construction contracts have been witnessing a steep upward trend from US$ 18.02 billion in 2012 to US$ 37.88 billion in 2014 and estimated to climb further steeply to US$ 48.9 billion in 2015. Strong environmental foundations have also been built in by adopting green codes of construction and environmentally friendly technology in the construction of stadia and other infrastructure to host the World Cup 2022 event.

Based on its vast experience of tracking construction markets across the GCC and MENA region, this Middle East report the "Qatar Construction Industry-The World Cup 2022 and Beyond" explores how the winning bid for the World Cup among other factors have helped Qatar speed up its developmental plans, which it continues to view as its primary goals of sustainability and improvements in standards of living of its masses. It explores what factors shape the growth of this dynamically growing industry through an analysis of the Political, Social, Economic, Technological, Legal and Regulatory and Environmental factors that also act as the key market growth drivers and restraints with the help of a probability-impact matrix, to its achieving its full potential.

The report also provides an individual analysis of the key sectors of the Qatar construction industry namely, building construction, infrastructure, oil and gas, power and water desalination and industrial sectors are analyzed individually highlighting the main opportunities and challenges faced by each sector in its race toward growth along with vital statistics on the market size and contracts awarded across the industry and its core sectors along with estimates and forecasts till 2015.

Table of Content 

Executive Summary 

Chapter 1. Strategic Overview of the Qatar Construction Industry 

  • The Qatar Economy 2015
  • Qatar Construction Industry Overview
  • Market Drivers and Restraints and Probability Impact Matrix

Chapter 2. Qatar Oil and Gas Sector Overview 

  • Organization of Qatar Oil and Gas Sector
  • Market Size of Qatar Oil and Gas Sector
  • Downstream Activities
  • Construction Contract Awards for Qatar Oil and Gas Sector, 2012-2015
  • Major Projects in Qatar Oil and Gas Sector

Chapter 3. Qatar Power and Water Desalination Sector Overview 

  • Organization of the Power and Water Desalination Sector
  • Market Size of Qatar Power and Water Desalination Sector
  • Construction Contract Awards For Power and Water Sector in Qatar (2012 -2015) 30
  • Major Projects in Qatar Power and Water Desalination Sector

Chapter 4. Qatar Building Construction Sector Overview 

  • Qatar Building Construction Industry Overview
  • Market Size of Qatar Building Construction Sector
  • Major Building Construction Projects in Qatar

Chapter 5. Qatar Infrastructure Sector Overview 

  • Market Size of Qatar Infrastructure Sector
  • Qatar Infrastructure Construction Contract Awards for 2012-2015
  • Major Infrastructure Projects in Qatar

Chapter 6. Qatar Industrial Construction Sector Overview 

  • Market Size of Qatar Industrial Construction Sector
  • Qatar Industrial Construction Contract Awards for 2012 -2015
  • Major Industrial Construction Projects in Qatar

Chapter 7.Future Outlook for Qatar Construction 

  • Methodology
  • Code of Ethics

Related Reports 

  • Global Construction Crane Industry 2014 Market Research Report
  • 2015 Market Research Report on Global Shears Equipment for Construction Industry
  • Construction in Saudi Arabia to 2018: Market Forecast
  • Global GCC Construction Chemicals Industry 2014 Market Research Report

About Bharat Book Bureau: 

Bharat Book Bureau is the leading market research information aggregator that provides market research reports, industry analysis, company profiles, business reports, country reports, newsletters and online databases. Our clients include Corporate, Consulting firms, and Academic Institutions and Government departments across the globe. Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. The market research reports we provide, help global companies examine the different markets before setting up a business or expanding into different countries across the world. They give a complete perspective on the current market scenario, trends, segments and future outlook.

Blog: https://www.bharatbook.com/blog/

Website:https://www.bharatbook.com/

Media Contact 

Poonam

E-mail:poonam@bharatbook.com

Tel: +91-22-27810772, 27810773

Bharat Book Bureau

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