Press release
Construction in Qatar Market at a CAGR of 17.81% during the period 2021 - Key Trends, Analysis and Opportunities
ResearchMoz added Latest Research Report titled " Construction in Qatar Key Trends and Opportunities to 2021 " to it's Large Report database.Synopsis
In real terms, Qatars Construction Industry registered positive growth during the review period (20122016). Construction activity was weakened in 2015 due to the impact of low oil prices. Qatar constitutes one of the largest suppliers of oil in the world, and its economic growth is significantly dependent on oil revenues. A decline in oil prices since 2014 resulted in weak economic performance, which in turn affected growth in the construction industry.
Industry growth is expected to slow over the forecast period (20172021). Though volatile oil prices continue to offer a challenge, ongoing government initiatives to promote economic growth through flagship programs such as Qatar National Vision (QNV) 2030, Qatar Rail Development Program (QRDP) and National Tourism Sector Strategy 2030 are expected to support the industrys expansion over the forecast period.
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The industrys output value in real terms increased at a compound annual growth rate (CAGR) of 17.81% during the review period, and is expected to record a CAGR of 7.27% over the forecast period.
The governments aim to diversify the economy with a particular emphasis on non-oil sectors is expected to drive funding towards construction projects over the forecast period.
In addition, the governments effort to enhance regional connectivity by focusing on the development of the countrys transport infrastructure is expected to support the industrys growth. Plans to increase the countrys energy production are also expected to support investments in energy infrastructure projects over the forecast period.
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Table of Contents
1 Executive Summary
2 Industry Outlook
2.1 Commercial Construction
2.2 Industrial Construction
2.3 Infrastructure Construction
2.4 Energy and Utilities Construction
2.5 Institutional Construction
2.6 Residential Construction
3 Key Issues and Developments
4 Market Data Analysis
4.1 Construction Output and Value Add
4.1.1 Construction output by project type
4.1.2 Construction output by cost type
4.1.3 Construction output by activity type
4.1.4 Construction value add by project type
4.2 Commercial Construction
4.2.1 Commercial construction output by project type
4.2.2 Commercial construction output by cost type
4.2.3 Commercial construction output by activity type
4.2.4 Commercial construction value add by project type
4.3 Industrial Construction
4.3.1 Industrial construction output by project type
4.3.2 Industrial construction output by cost type
4.3.3 Industrial construction output by activity type
4.3.4 Industrial construction value add by project type
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