FINANCIAL NEWS

Demand on building materials expected to rise in Qatar

26 Aug 2013

(MENAFN) Demand on basic building materials is expected to increase in Qatar in the following years coming closer to the 2022 World Cup, The Peninsula reported.

The highest demand is expected to be on limestone, gabbro and spoil removal & disposal (SR&D) with demand reaching its highest in the period between 2014 and 2016.

A survey by the Ministry of Development Planning and Statistics with the Ministry of Business and Trade shows that demand on limestone will be the highest in the period between 2012 and 2022 with 515 million tons.

In the ten year period, gabbro and SR&D demand will hit 264 million tons and 166 million tons respectively.

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