Qatar has experienced unprecedented growth over the past decade. The economy has expanded tenfold, driven by a surge in gas exports, while its population has more than doubled. And the growth spurt shows few signs of relenting. With the 2022 Fifa World Cup just a decade away, Doha is preparing for an unprecedented investment drive with the focus very much on non-oil infrastructure.
The coming 12 months will effectively mark the start of major awards on the world cup infrastructure programme. With project managers and engineering consultants on board for the rail, road and stadium programmes, there is expected to be a noticeable pick-up in contract awards in the second half of 2012. The market is likely to deliver $15-17bn worth of contract awards in 2012 before rising to $25-30bn in 2013.
The planned level of project spending has been noted well beyond the shores of the Gulf. Newcomers are flooding into the Qatari market, which can only serve to intensify competition. Worries also remain over whether Doha has the logistical capacity to manage such a large investment programme, with concerns particularly over material supply and manpower. Finally, the return of inflation after a two-year respite remains a very real possibility.
The challenges and opportunities of what is one of the world’s fastest growing economies are highlighted in the Qatar Projects Market 2012, the latest report to be published by MEED Insight, the research and analysis arm of MEED. Comprising more than 100 pages, the report provides the most comprehensive and in-depth guide and forecast to the Qatar Projects Market.
“Transportation will dominate the projects market. Rail will be the largest component at $35bn, with the first packages on the Doha metro expected to be placed by the end of 2012. Up to $30bn is planned to be invested in road infrastructure, with the focus on the highway network and the Doha Bay crossing while the New Doha International Airport, scheduled to open in late 2012, is preparing for a new round of investment. The buildings and real estate market is also set to offer significant opportunities, as Doha prepares to build new stadiums and more than double its hotel capacity in preparation for the 2022 event.” says Angus Hindley, Research Director of MEED Insight.
Through more than 100 pages, get exclusive and comprehensive data, research and analysis on the Qatar Projects market.
Along with detailed analysis of the Qatar projects market and the significant role it plays in the local economy, this report offers you a comprehensive overview of key project sectors and the state’s priorities and new investment requirements. You will benefit from detailed insight into:
- Future projects worth more than $140bn
- Gaining a thorough understanding of the drivers behind project activity
- Key data on sector size
- The top contractors and clients
- Sector forecasts
To access exclusive data, research and analysis along with many tables, graphs, charts and maps you can
order your copy here
About MEED Insight:
Thanks to its own projects tracker, MEED Projects, MEED Insight has access to unparalleled, up-to-date information on the region’s projects market. We can provide companies with:
- Details of all major projects within a given market or sector, including their scope
- Contacts for clients, contractors and suppliers
- Information on key clients and their tendering processes
- Information on how to register with clients and prequalify for projects
- Forecasting of future projects
MEED Insight has access to a wealth of regional data ranging from broad macroeconomic statistics to sector-specific information. We can obtain and analyse data on a specific market or industry to help companies gain an insight on market size and potential
MEED Insight also offers a series of off-the-shelf reports on a range of different sectors and industries. The information compiled for these reports comes from a variety of sources, including MEED magazine, MEED.com, MEED Events and MEED Projects, as well as primary and secondary research.
Our current off-the-shelf reports include:
- Kuwait Projects Market 2012
- Saudi Ararbia Projects Market 2012
- Libyan Projects Market 2012
- Mena Renewable Energy Report 2012
- Middle East Projects Forecast and Review Report 2011
- Qatar Projects Report 2011-22
- Mena Rail Report 2011
- The Iraq Power Report 2011
- GCC ICT Projects Outlook & Review
- GCC Projects Forecast & Review 2010
- Power & Water in the GCC 2010
- Libya Power & Desalination
- Middle East Steel 2009
- Wastewater in the GCC
- Middle East Cement 2009
- Mena Mining 2009
- Mena Aluminium 2009
- GCC District Cooling
- GCC Economic Outlook
To find out how MEED Insight can help you gain critical business insight, please submit your details on our contact form:
- Telephone: +971 (0) 4 367 1302