Construction Market Insights
International focus on Qatar has increased in anticipation of the 2022 FIFA World Cup and the scaling up of its investments to deliver the Qatar National Vision 2030. In order to meet the challenges of such events, the country has been witnessing a construction boom including a large number of hotels, state-of-the-art hospitals, museums, football stadiums, shopping malls and much more. It is estimated that Qatar will spend a staggering $200 billion in the next decade on infrastructure and construction.
Consequently, the demand for heavy duty equipment and machinery in Qatar has skyrocketed, with hundreds of large-scale projects across the country requiring all types of machinery, from roads to bridges, a new maritime port, a railway system, housing units and more.