QPMC will play a pivotal role in ensuring Doha delivers on its infrastructure pledges
In order to host the 2022 World Cup and deliver its 2030 National Vision, UK-based construction cost consultant EC Harris estimates Qatar will invest close to $160bn over the next decade. This will equate to an annual investment of $15bn in major projects.
The construction boom will lead to an unprecedented demand for primary materials to facilitate the construction schemes. The demand for gabbro aggregate and other materials will rocket in this period, and Qatar Primary Materials Company (QPMC) will play a pivotal role in ensuring Doha delivers on its infrastructure pledges.
With the World Cup less than 10 years away, if there is a shortage of primary building materials, particularly for initial infrastructure schemes, the construction programme will face delays.
The expansion projects for its gabbro terminal and Lusail jetty show QPMC is moving to ensure it can cope with future increased demand. It still has much to do, however, with the metro and road projects requiring significant gabbro aggregate. According to sources in Qatar, QPMC already had a stockpile of 2 million tonnes of aggregate in early 2013, but aims to build up a strategic reserve of 6 million tonnes.
Qatars supply chain is already showing signs of strain and any shortages will cause materials prices to spike. QPMC will need to ensure it coordinates with its clients and contractors to ensure Doha can deliver its ambitious plans.
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