Press release
Boosting Tourism in Qatar to Drive the Commercial Construction Market : Ken Research
• The National Vision 2030 will drive construction growth in Qatar• Increase in construction because of preparation of the 2022 FIFA World Cup
• Diversification policy followed by the government of Qatar
Ken Research announced its latest publication on, “Commercial Construction in Qatar to 2019: Market Forecast” which provides a detailed analysis of the Qatar Commercial Construction industry. Category-wise coverage of different segments in the industry have also included in the report. New projects launched by the government for enhancement of the sector are explained in the report. The report enables the reader to interpret future outlook on how the market will shape up by the end of this decade.
Qatar Commercial Construction Market is one of the largest construction markets around the world. The industry’s output showed a compound annual growth rate of 15.6% in real terms during the period 2011-2015. The country is rich in its oil and gas reserves and these were the key factors which were contributing to the strong economy state. Lower oil prices are invoking the government to diversify and become less reliant on its natural reserves. This leads to high level of spending on infrastructure which drives the growth of commercial construction market.
The government is focusing on improving the transport and tourism infrastructure for which it has launched the “Qatar National Tourism Sector Strategy 2030”. The purpose of the project is to increase the travel and tourism share in GDP by 2030. As a result this will increase the total Commercial Construction spending. The single biggest event which will boost the construction sector is the hosting of 2022 Fifa World Cup and in line with the country’s 2020 Qatar National Vision. Major infrastructure projects like new roads, highways, expansion of the Hamad International Airport and new metro in Doha are undertaken for the same. Transport projects have the largest share of value as well as volume in the construction market. These plans will create demand for construction over the next few years
Global Commercial Construction Market
A number of international construction companies operate in Qatar are open for involvement of international private sectors. The emerging markets are expected to showcase faster growth in construction industries than the developed economies. At the global side residential construction is forecast to remain as the largest share in the construction market. The global construction industry is expected to show a CAGR of 7.3% over the coming few years. The biggest challenges for the industry are technology awareness, project cancellations due to the impact of the global financial crisis, tightening of credit and financing markets and issues related to project financing. Increasing population, government spending and need for commercial buildings are expected to drive the industry.
Key Topics Covered in the Report
- Detailed analysis of Qatar Commercial Construction Industry
- Value and volume analysis for Qatar Commercial Construction Market
- Historic and Forecast value analysis by category
- Key issues in the market
- Consumer trend framework
- Analysis of mega-trends
- Profiling of new projects launched in the Qatar Commercial Construction Market
To know more on coverage, click on the link below:
https://www.kenresearch.com/manufacturing-and-construction/real-estate/commercial-construction-qatar/23554-97.html
Related Reports:
https://www.kenresearch.com/manufacturing-and-construction/real-estate/institutional-construction-poland/23564-97.html
https://www.kenresearch.com/manufacturing-and-construction/real-estate/institutional-construction-philippines/23570-97.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204
Ken Research provides bespoke industry intelligence, equity research reports and business consulting services on gamut of sectors across the globe.
27A, Tower B-2, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Boosting Tourism in Qatar to Drive the Commercial Construction Market : Ken Research here
News-ID: 342332 • Views: …
More Releases from Ken Research Pvt Ltd

Increase in cybercrime results in India Digital Forensic Market to rise, with an …
With the rise in digital threats and cybercrimes, India Digital Forensic Market makes successive changes like integration of Artificial Intelligence, and marking its overall growth.
STORY OUTLINE
Using techniques like Data Recovery, Log Analysis and more, India Digital Forensic Market enhances its Computer Forensics.
Upgrades towards Network and Mobile Forensics are improving in cyber threats prevention, marking its increase in efficiency and security.
With the incorporation of Cloud Based services, advanced methods and easy…

Global Health Insurance market is expected to grow at a CAGR of ~6% by 2028: Ken …
Due to recent pandemic of Covid 19 health insurance market has grabbed growth ensuring economic help to comman man for better health care facilities with easy money handling and increasing awareness especially after COVID 19.
STORY OUTLINE
Launch of new policies, mergers, acquisitions and partnerships to propel growth in future
Covid 19 has a huge impact on the health insurance market on Global level.
Factors, which are responsible for the growth, are the higher…

Exploring the Investment Landscape in the UK Agricultural Equipment Market
Anticipated to achieve a CAGR of approximately 3.5% (2022-2027), the UK's agricultural equipment market expanded between 2014 and 2018, yet faced a significant downturn in 2019-2020 due to COVID-19.
STORY OUTLINE
The investment landscape in the UK agricultural equipment market is diverse, offering a spectrum of opportunities from established manufacturers to startups driving disruptive change.
Investors can benefit from the technological prowess of leading manufacturers like John Deere, CNH Industrial, and AGCO Corporation…

Unveiling the Thriving Landscape of UAE's IT Service Market
The IT services sector encompasses a diverse range of offerings, including but not limited to Cloud services, Cloud Applications, Datacenters, Artificial Intelligence (AI), Consulting Services, Connectivity Solutions, Security services, and other related services.
STORY OUTLINE
Digital Transformation Drive: UAE's IT market thrives on visionary government initiatives like "Smart Dubai" and "UAE Vision 2021," spurring sectoral evolution.
Cloud's Ascendancy: Rapid cloud adoption, coupled with AI, IoT, and blockchain, reshapes industries for scalability and innovation.
Security…
More Releases for Qatar
Mawaqif Qatar, the leading car park operator in Qatar
Mawaqif Qatar has emerged as the leading car park operator in Qatar. The Company's reputation for expertise in parking operations, facilities management, technology development and infrastructure services has enabled it to partner with several reputable organizations and businesses in the region.
As part of its new project, Hamad Medical Corporation, Mawaqif Qatar implemented their state-of-the-art ticketless valet system consisting of a 100% cashless payment policy to provide customers with a seamless…
qatar engineering & construction company,china railway construction engineering …
ASCO Qatar Consulting Engineers (ASCO)
Al Bandary Engineering
Al Darwish Engineering Wll
Al Uthman Mechanical
AlKaun Group
Aljaber Engineering LLC
Anton Nehmeh
Arab Engineering Bureau
Arabian Construction Engineering Company (ACEC)
Arabian Mep Contracting
Arc De Triomphe
Black Cat Engineering Construction Wll
Boom Construction
CMTC
https://gzwatches.cn/
Free engineering construction consultation
Email:nolan@wholsale9.com
Descon Engineering
EHAF Consulting Engineers
Egis International
Electro Mechanical Engineering Company
Engineering Building Materials Co.
Erga Group Qatar
Etimaad
Get Qatar
Gulf Engineering and Industrial Consultancy
Jersey Group
https://gzwatches.cn/
Free engineering construction consultation
Email:nolan@wholsale9.com
MEDGULF Construction Company
Mercury Engineering Qatar
Nael Bin Harmal
OB International
Prominent Qatar
Qatar Building Company
Qatar Integrated Building Solutions WLL
Seero Engineering…
Qatar World Bank International Remittance Report | Weekly Funding Limit Remittan …
Why is it important for exchange houses in Qatar to re-assess their current business positioning
Exchange houses in Qatar dominate the international remittance industry by facilitating more than 1 million transactions on a monthly basis. As of June 2021, there were 20 exchange houses operating with a total of 141 branches located in different provinces of Qatar. Al Dar for exchange works, established in 2006, operates highest number of ~21 branches…
International Remittance Industry in Qatar | Qatar Market share of Exchange Hous …
Qatar – 88% of Population are Expatriates
Qatar is home 2.8 Million population with more than 88% of population comprising of expats with India, Nepal, Philippines, Bangladesh, Sri Lanka, Egypt and others being key source countries. In 2019, outward remittances were recorded at 6.5% of total GDP of country with India being the prominent corridor of outward remittance transactions. During the period of 2013-19, there has been a multi-fold growth in…
Qatar Telecoms, Mobile and Broadband Market 2019 Upcoming Trends, Challenges and …
WiseGuyReports.com “Qatar - Telecoms, Mobile and Broadband - Statistics and Analyses” report has been added to its Research Database.
Scope of the Report:
Qatar - Telecoms
High focus on fixed and mobile broadband in Qatar The focus of fixed broadband network deployment has firmly shifted to fibre in Qatar, with the number of DSL connections declining by around 100,000 since they reached their peak in 2011. Today, 99% of households are in areas…
Qatar Telecoms, Mobile and Broadband Market Growth, Analysis, Challenges and Ind …
WiseGuyReports.com “Qatar - Telecoms, Mobile and Broadband - Statistics and Analyses” report has been added to its Research Database.
Scope of the Report:
Qatar - Telecoms
High focus on fixed and mobile broadband in Qatar The focus of fixed broadband network deployment has firmly shifted to fibre in Qatar, with the number of DSL connections declining by around 100,000 since they reached their peak in 2011. Today, 99% of households are in areas…