Market Research Reports, Inc. Construction in Qatar Key Trends and Opportunities to 2017, New Report Launched

Market Research Reports, Inc. has announced the addition of “Construction in Qatar - Key Trends and Opportunities to 2017” research report to their offering.


Lewes, DE -- (SBWIRE) -- 02/26/2014 -- The Qatari construction industry recorded a review-period CAGR of 0.07%. The government has invested considerably in developing the country’s tourism, education and infrastructure, which led to growth in the industry. However, growth was hampered by the impact of the financial crisis, which reduced the demand for residential and commercial construction projects due to a lack of confidence among private investors. The outlook for construction is favorable, as a result of Qatar hosting the FIFA 2022 World Cup, resulting in the government’s focus on infrastructure and residential construction. The industry’s output is expected to record a CAGR of 5.50% over the forecast period.

This report provides detailed market analysis, information and insights into the Qatari construction industry including:
- The Qatari construction industry's growth prospects by market, project type and type of construction activity
- Analysis of equipment, material and service costs across each project type within Qatar
- Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Qatari construction industry
- Assessment of the competitive forces facing the construction industry in Qatar, and profiles of the leading operators
- Data highlights of the largest construction projects in Qatar.

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This report provides a comprehensive analysis of the construction industry in Qatar. It provides:
- Historical (2008-2012) and forecast (2013-2017) valuations of the construction industry in Qatar using construction output and value-add methods
- Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
- Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
- Analysis of key construction industry issues, including regulation, cost management, funding and pricing
- Assessment of the competitive environment using Porter’s Five Forces analysis
- Detailed profiles of the leading construction companies in Qatar

Reasons To Buy
- Identify and evaluate market opportunities using our 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 business strategies using Timetric's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors

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Key Highlights
Growth in the construction industry has been strong since the second quarter of 2012. In real terms, output expanded by an average of around 11.0%, from 9,543 in the second quarter of 2011 to 10,635 in the second quarter of 2012. The outlook is also positive, with the government’s five-year development plan for the country supporting the construction industry by allocating QAR455 (US$125 billion) for development projects during 2011–2016. Of the total, QAR236.6 billion (US$65 billion) will be spent on infrastructure projects, and the remaining QAR218.4 billion (US$60 billion) on residential, commercial and LNG construction projects.

The 2022 FIFA World Cup is expected to be a key driver for industry growth over the forecast period, with a number of infrastructure projects expected to be undertaken by the government in preparation for the event. The government plans to spend QAR580.8 billion (US$160 billion) on these projects, representing 40% of its 2012–2016 infrastructure projects budget.

The government is also undertaking three large-scale railway projects over the forecast period: the metro rail network in Doha, the over ground railway service to cover the entire country, and the Gulf Cooperation Council (GCC) railway project. The combined cost of these rail projects is expected to be QAR133.5 billion (US$36.6 billion). The projects are expected to support the expansion of the construction industry over the forecast period. In addition, Doha is set to construct a new port to the value of QAR1.01 billion (US$301 million). Hyundai Engineering and Construction announced in August 2013 that it had won a share of the project, valuing QAR677 million (US$186 million), with work expected to be completed in 30 months. A QAR4.5 billion (US$1.23 billion) contract to dredge the approach channel was awarded to the Middle East Dredging Company.

Construction growth will also be driven by the Qatar National Vision 2030, through which the country looks to become a developed nation by diversifying its economy, achieving sustainable development and providing a high standard of living for its population. The government plans more than QAR237 billion (US$65 billion) on infrastructure spending until 2016, with investments by Barwa and Qatar Diar for residential and business construction projects, and also by the Qatar Foundation with Sidra Hospital and Education City in health and education.

Spanning over 70 pages, 79 tables and 36 figures, “Construction in Qatar - Key Trends and Opportunities to 2017” report covering the Market Overview, Commercial Construction, Industrial Construction, Infrastructure Construction, Institutional Construction,Residential Construction, Company Profile: Khayyat Contracting & Trading, Company Profile: Medgulf Construction Company (WLL), Company Profile: Qatar Engineering & Construction Company WLL, Company Profile: HBK Contracting Company WLL, Company Profile: Bilfinger Berger Qatar WLL, Market Data Analysis, Appendix. The report covered 5 companies - Khayyat Contracting & Trading (KCT), Medgulf Construction Company (WLL), Qatar Engineering & Construction Company WLL (Qcon), HBK Contracting Company WLL (HBK), Bilfinger Berger Qatar WLL (Bilfinger Berger Qatar)

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