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Oil and gas projects to fuel 4% growth in Qatar’s construction sector

Oil and gas projects to fuel 4% growth in Qatar’s construction sector

Posted on October 28, 2024 |

Qatar's construction industry anticipates robust growth fueled by investments in renewable energy, industrial projects, and oil and gas initiatives.

Analysts estimate an average annual growth rate (AAGR) surpassing 4% until 2028.

The commercial sector is likely to see increased activity in leisure, hospitality, and retail construction from 2025 onward.

There is rising demand for industrial construction, particularly in the chemical, pharmaceutical, and manufacturing sectors.

Government funding in transportation infrastructure, including roads and railways, will enhance overall productivity.

Investments in energy, water, and telecommunications will draw foreign investors to Qatar.

Public investments in education and healthcare facilities will strengthen institutional construction and housing projects by 2030.

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