Qatar's Construction Sector Set for Remarkable Growth: Projections Indicate 9.13% Surge
Experience the imminent evolution of Qatar's construction realm as projections reveal a remarkable 9.13% surge by 2029. With an anticipated value of QAR 354.7 billion (USD 97.4 billion) by decade's end, the sector promises unparalleled growth. Recent analyses paint an optimistic picture, foreseeing the sector's value soaring to QAR 229.2 billion (USD 63 billion) by 2024. Driving this momentum are infrastructure endeavors and industrial ventures, fueled further by the impetus of marquee sporting extravaganzas such as the FIFA World Cup 2022, The Asian Football Cup 2023, and the prospective hosting of the 2030 Asian Games. Eminent among the forthcoming initiatives is the unveiling of the 2050 Transport Plan, comprising 22 projects totaling QAR 9.83 billion (USD 2.7 billion). Noteworthy among these endeavors is the ambitious expansion of the Doha Metro network, coupled with the visionary Sharq Bridge proposal, set to intertwine Katara Cultural Village with Hamad International