Construction in Qatar Market is set to Fly High Growth in Years to Come

A new research document is added in HTF MI database of 58 pages, titled as 'Construction in Qatar - Key Trends and Opportunities to 2025 (Q3 2021)’ with detailed analysis, Competitive landscape, forecast and strategies. Latest analysis highlights high growth emerging players and leaders by market share that are currently attracting exceptional attention. The market Study is segmented by key a region that is accelerating the marketization.

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Summary
HTF MI has revised Qatar’s construction industry estimated growth down for 2021, with the industry now forecast to record a marginal growth of 1% in 2021, following a contraction of 4.1% in 2020. The downward revision from the earlier forecast of 2.8% in 2021 has been due to the continued weakness in the industry in the first half of the year, owing to new wave of infections and subsequent lockdown restrictions which weighed on the industry’s output. Reflecting the pandemic’s impact on construction activities, the industry’s value add fell by 3.2% year on year (YoY) in Q1 2021, preceded by a Y-o-Y decline of 4.7% in Q4 2020, according to the Planning and Statistics Authority (PSA).

HTF MI expects the industry to recover in the second half of 2021, supported by an improvement in the energy sector, a rebound in the global economy and renewed investments owing to the ending of the economic blockade of Qatar from January 2021. The blockade had been in place since June 2017, when four Arab countries - Saudi Arabia, the UAE, Bahrain, and Egypt - cut diplomatic and trade ties with Qatar, and imposed a sea, land and air blockade on the country, claiming it was too close to Iran, and supported terrorism. However, growth is likely to be constrained by the announced reduction in capital expenditure as part of the 2021 Budget. As part of this budget, overall spending in 2021 has been budgeted at a reduction of 7.5% of the spending in the previous year.

Construction output is forecast to record an annual average growth of 4.2% between 2022 and 2025, supported by investments under the Qatar National Vision 2030, under which QAR60 billion (US$16.4 billion) will be invested in infrastructure and real estate projects by 2025. In addition, the country’s plan to increase the Liquified Natural Gas (LNG) production capacity will support investments in oil and gas projects. The ratification of a new law regulating public-private partnership (PPP) will attract private sector investment in the development of infrastructure, schools and healthcare projects, supporting the industry’s growth over the forecast period (2021-2025).

HTF MI Construction in Qatar - Key Trends and Opportunities to 2025 (Q3 2021) report provides detailed market analysis, information and insights into Qatar’s construction industry, including -
- Qatar’s construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Qatar’s construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

This report provides a comprehensive analysis of the construction industry in Qatar. It provides -
- Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Qtar, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

- Identify and evaluate market opportunities using HTF MI's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using HTF MI's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.

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Table of Contents
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 COVID-19 Status
3.5 Risk Profile
4 Construction Outlook
4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
....Continued

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