(MENAFNEditorial)
Qatar's construction industry has performed extremely strongly over 2014 causing us to upgrade our short and long-term forecasts for real growth. The numerous large scale infrastructure projects entering construction over 2014 such as the Doha Metro and further elements of Doha's new port will keep growth rates elevated over 2015 . The industry is navigating capacity constraints seemingly well although we still belie ve price pressures will be felt over the medium term.
After growing 18% in H114 Qatar has further extended its lead as the fastest growing market in the GCC and remains one of our favourite construction markets buoyed by huge government investment and growing consumer demand. BMI's Country Risk team believes Qatari economic activity will continue to expand at a strong pace throughout 2015 driven primarily by growth in the non-oil sector and the government's fiscal policy is set to remain strongly supportive of the construction sector. Robust private consumption on the back of a fast-growing population large government spending commitments and continued progress on infrastructure projects will lead the residential and non-residential sector in particular to outperform over the long-term.
Full Report Details at
- http://www.fastmr.com/prod/912394_qatar_infrastructure_report_q1_2015.aspx?afid=101
Key Trends And Developments
* Ahead of the 2022 FIFA World Cup and in line with the country's 2030 Vision development plan Qatar's spending on infrastructure is expected to reach about USD150bn over the next decade. A series of infrastructure projects are in the pipeline including a USD20bn investment in roads; USD40bn to be invested in railways; USD4bn to be invested in stadiums; USD8bn to be spent on a deep-water seaport; tens of thousands of hotel rooms to be built and even a new city. We forecast average real growth in the construction sector between 2015 and 2023 of 9.8%.
* With USD67bn of transport projects in our Infrastructure Key Projects Database at the planning stage or under construction which has been added...
The Qatar Infrastructure Report features Business Monitor International (BMI)'s market assessment and forecasts covering public procurement and spending on all major infrastructure and construction projects including transportation and logistics by land sea and air; power plants and utilities and commercial construction and property development. The report analyses the impact of regulatory changes and the macroeconomic outlook and features competitive intelligence on contractors and suppliers.
BMI's Qatar Infrastructure Report provides industry professionals and strategists sector analysts investors trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Qatari infrastructure and construction industry.
Key Benefits
* Benchmark BMI's independent infrastructure industry forecasts for Qatar to test other views - a key input for successful budgetary and planning in the Qatari infrastructure market.
* Target business opportunities and risks in the Qatari infrastructure sector through our reviews of latest industry trends regulatory changes and major deals projects and investments in Qatar.
* Assess the activities strategy and market position of your competitors partners and clients via our Company Profiles (inc. SWOTs KPIs and latest activity).
Coverage
BMI Industry View
Summary of BMI's key industry forecasts views and trend analysis covering infrastructure and construction regulatory changes major investments and projects and significant multinational and national company developments.
These are broken down into Construction (social commercial and residential) Transport (roads railways ports airports etc) and Energy & Utilities (powerplants renewable projects pipelines and so on).
Industry Trends
Analysis of latest projects across the infrastructure sector (covering the transport utilities and commercial construction sub-sectors) - including:
Market Overview:Analysis of the key elements driving developments including evaluations of current capacity and future requirements.
Building Materials Overview
The building materials overview provides industry trend analysis on the global and regional demands for building materials and the impact of this on the emerging and developed markets.
Business Environment Rankings
BMI's Infrastructure Business Environment Rankings provide a country-comparative Risk-Reward Rankings index aimed at investors (construction companies suppliers and partners) in the regional infrastructure market.
The rankings methodology makes sophisticated use of over 40 industry economic and demographic data point.
Industry SWOT Analysis
Analysis of the major Strengths Weaknesses Opportunities and Threats within the infrastructure and construction sectors and within the broader political economic and business environment.
BMI Industry & Economic Forecasts
Historic data series (2008-2012) and forecasts to end-2018 for all key industry and economic indicators supported by explicit assumptions plus analysis of key risks to the main forecast. Indicators include:
Construction: Industry value (US$bn); contribution to GDP (%); employment (`000); real growth (%).
Infrastructure: Value (US$bn); contribution to construction industry (%); real growth (%) of transport infrastructure (broken down by railways airports roads and bridges ports and harbours) and energy and utilities (broken down by power plants and transmission grids oil and gas pipelines and water infrastructure).
Economy: Economic growth (%); nominal GDP (US$bn); unemployment (%); interest rates (%); exchange rate (against US$).
Company Profiles
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts we provide quick and easy access to the best competitive intelligence available. Our unbiased expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.