UNDER THE PATRONAGE OF THE PRIME MINISTER AND MINISTER OF FOREIGN AFFAIRS, H.E. SHEIKH MOHAMMED BIN ABDULRAHMAN BIN JASSIM AL THANI
UNDER THE PATRONAGE OF THE PRIME MINISTER AND MINISTER OF FOREIGN AFFAIRS, H.E. SHEIKH MOHAMMED BIN ABDULRAHMAN BIN JASSIM AL THANI
Qatar's construction sector is experiencing an unprecedented growth phase, as government-led infrastructure projects, private sector investments, and large-scale developments continue to fuel its expansion.
With ambitious construction projects and increasing demand for infrastructure development, Qatar's construction market is projected to surpass $69 billion by 2025, signaling a promising outlook for the nation's economy and positioning it as a major player in global infrastructure development.
Projected Growth in Qatar's Construction Sector: $69 Billion by 2025: According to Mordor Intelligence, Qatar's construction market is anticipated to reach $68.7 billion (QR 250.64 billion) in 2025, with growth continuing into the next decade.
Projections suggest that by 2030, the market will grow to approximately $106.33 billion (QR 387.92 billion), reflecting a compound annual growth rate (CAGR) of 9.13 percent from 2025 through 2030. This growth is a direct result of strategic planning, government spending, and investments in both infrastructure and sustainable development.
Government’s Role in Infrastructure Expansion: Qatar's construction growth is underpinned by its government's ambitious infrastructure goals, which align with the National Vision 2030. Since hosting the FIFA World Cup 2022, Qatar has accelerated its development plans, with a clear focus on building a diversified economy supported by robust infrastructure.
The Third National Development Strategy (NDS3) has laid out a roadmap for socio-economic development that includes projects across transportation, urban development, and industrial sectors. As a result, government spending on infrastructure projects is expected to be a major contributor to the construction market's growth. The 2025 national budget has allocated QR 197 billion for new projects, including road construction, metro systems, airports, hospitals, and educational facilities. These investments are designed to attract both domestic and foreign private sector investment.
Source: CEO Today
