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THE STATE OF QATAR ADVANTAGE

Since the successful application for hosting 2022 World Cup and 2019 World Championship, there has been a soaring market demand in domestic infrastructure of Qatar. In the upcoming four years, Qatari government will invest more than $ 285 billion in infrastructure construction, including a series of large projects such as, new city initiative, old city area rebuilding, subway, road and railway network construction, energy and water conservation projects, hi-tech sports stadiums, civil residence on a large scale and restaurants and hotels, etc., representing a huge market potential.

Furthermore, reported by Katis, upon arrival of the World Cup, the inflation rate of Qatar will lodge in between 18%-20% during 2016-2019, a sign that will further boost the demand in the construction market. Moreover, as the promoting of encouraging policies of 2030 national visions, all fields in Qatar are on a fast growing track, especially in infrastructure and engineering constructions. The world economy report proved a 6.5% of GDP growth rate of Qatar in 2014, and 7.7% for 2015, making it the fastest growing gulf countries.

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