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FINANCIAL NEWS
Qatar’s construction sector to grow 14.1 percent this year
25 Jun 2014
(MENAFN) Qatar’s construction sector is expected to see a significant growth this year by about 14.1 percent compared to 13.6 percent in 2013, according to the Peninsula Qatar.
The government’s investments in economic infrastructure, such as local roads, expressways, and the Doha metro and rail, were the main reason behind the growth.
The construction of new health centers and education facilities will also entail heavy spending. Private construction activity centered on residential and commercial real estate development, including new malls, hotels and labor accommodation, will also buttress construction growth.
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