Qatar forecasts 10.2 percent annual growth in construction market

30 Jun 2015

(MENAFN) Qatar is set to record an annual growth of 10.2 percent in its construction market over the upcoming 10 years, according to BMI Research, Gulf Times reported.

The growth is said to be driven by remarkable government spending, firm business environment and increasing consumer demand. Hence, Qatar will stand as the number one GCC country with the fastest and most successful construction market.

Among the prime construction schemes scheduled ahead are the USD20 billion invested in roads, USD40 billion in railways, USD4 billion in stadiums, USD8 billion over a deep-water seaport, and many more.

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