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Boosting Tourism in Qatar to Drive the Commercial Construction Market : Ken Research

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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. – PowerPoint PPT presentation

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Title: Boosting Tourism in Qatar to Drive the Commercial Construction Market : Ken Research


1
Boosting Tourism in Qatar to Drive the Commercial
Construction Market
2
  • 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.

3
  • Qatar Commercial Construction Market is one of
    the largest construction markets around the
    world. The industrys 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.

4
  • 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 countrys 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

5
  • 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.

6
  • 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-cons
    truction/real-estate/commercial-construction-qatar
    /23554-97.html
  • Related Reports
  • https//www.kenresearch.com/manufacturing-and-cons
    truction/real-estate/institutional-construction-po
    land/23564-97.html
  • https//www.kenresearch.com/manufacturing-and-cons
    truction/real-estate/institutional-construction-ph
    ilippines/23570-97.html

7
Thank you
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