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Construction in Qatar - Key Trends and Opportunities to 2020

Construction in Qatar - Key Trends and Opportunities to 2020


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Executive Summary

Qatar's construction industry has been one of the fastest growing in the world in the past five years. In real terms, the industry's output value expanded at a compound annual growth rate (CAGR) of 15.60% during the review period (2011-2015).

High levels of spending on infrastructure have been a key factor in driving the industry's growth, with the government aiming to diversify the economy and make it less reliant on the oil and gas sector.

The industry is expected to be supported by government investments in infrastructure and housing over the forecast period (2016-2020), as well as spending on infrastructure, stadia and commercial buildings for the 2022 Fifa World Cup.

The industry's output value in real terms is expected to register a CAGR of 9.66% over the forecast period.

Summary

Timetric's Construction in Qatar - Key Trends and Opportunities to 2019 report provides detailed market analysis, information and insights into the Qatari construction industry including:

The Qatari construction industry's growth prospects by market, project type and type of construction activity

Analysis of equipment, material and service costs for each project type in Qatar

Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Qatari construction industry

Profiles of the leading operators in the Qatari construction industry

Data highlights of the largest construction projects in Qatar

Scope

This report provides a comprehensive analysis of the construction industry in Qatar. It provides:

Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Qatar, using construction output and value-add methods

Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type

Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by cost type (materials, equipment and services)

Analysis of key construction industry issues, including regulation, cost management, funding and pricing

Detailed profiles of the leading construction companies in Qatar

Reasons To Buy

Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies.

Assess market growth potential at a micro-level with over 600 time-series data forecasts.

Understand the latest industry and market trends.

Formulate and validate business strategies using Timetric's critical and actionable insight.

Assess business risks, including cost, regulatory and competitive pressures.

Evaluate competitive risk and success factors.

Key Highlights

A series of residential projects will be launched over the forecast period in a bid to overcome the housing shortage. The projects include the construction of residential houses on a 116,000.0m2 area at Pearl Qatar island, a security camp over an area of four million m2 at Al Duhail, low-rise apartments to accommodate over 10,000 families in the Al-Erkyah district of Lusail, 4,000 residential units at Cityscape in Lusail City, residential and leisure facilities on a 360.0ha area in Lusail, and 10 new residential complexes at Al Wakrah, comprising 5,000 low-rise housing units.

The country is working to modernize its road infrastructure, ahead of the 2022 Fifa World Cup, and National Vision 2030. As part of this, the Public Works Authority of Qatar allocated QAR72.8 billion (US$20.0 billion) to renovate and upgrade the country's roads.

In 2013, Qatar Rail announced the construction of the first phase of the Doha Metro, valuing QAR29.9 billion (US$8.2 billion). Work started in the first quarter of 2014, and is likely to be completed by 2019. The rail network includes the construction of 48 stations on 131.0km of track in the first phase, and 100.0km of track with 44 stations in the second phase.

In preparation for the 2022 Fifa World Cup, South Korea signed a cooperation agreement with Qatar in November 2014. Both countries have strengthened their relationship in the areas of energy and construction. Korean companies will play a vital role in the development of expressways, railroads, harbors and stadiums. This move will help spur the growth of infrastructure construction.

As part of the Qatar National Vision 2030 and the Diversification Strategy 2020 programs, the Qatar National Bank plans to invest QAR91.0 billion (US$25.0 billion) in its petrochemicals industry to expand its downstream industrial base. To meet growing demand, the government is making efforts to increase production of petrochemical products from 2.6 million tonnes per annum (MMTPA) to 23.0 MMTPA by 2020.

1 Executive Summary

2 Industry Outlook

2.1 Commercial Construction

2.2 Industrial Construction

2.3 Infrastructure Construction

2.4 Energy and Utilities Construction

2.5 Institutional Construction

2.6 Residential Construction

3 Key Issues and Developments

4 Market Data Analysis

4.1 Construction Output and Value Add

4.1.1 Construction output by project type

4.1.2 Construction output by cost type

4.1.3 Construction output by activity type

4.1.4 Construction value add by project type

4.2 Commercial Construction

4.2.1 Commercial construction output by project type

4.2.2 Commercial construction output by cost type

4.2.3 Commercial construction output by activity type

4.2.4 Commercial construction value add by project type

4.3 Industrial Construction

4.3.1 Industrial construction output by project type

4.3.2 Industrial construction output by cost type

4.3.3 Industrial construction output by activity type

4.3.4 Industrial construction value add by project type

4.4 Infrastructure Construction

4.4.1 Infrastructure construction output by project type

4.4.2 Infrastructure construction output by cost type

4.4.3 Infrastructure construction output by activity type

4.4.4 Infrastructure construction value add by project type

4.5 Energy and Utilities Construction

4.5.1 Energy and utilities construction output by project type

4.5.2 Energy and utilities construction output by cost type

4.5.3 Energy and utilities construction output by activity type

4.5.4 Energy and utilities construction value add by project type

4.6 Institutional Construction

4.6.1 Institutional construction output by project type

4.6.2 Institutional construction output by cost type

4.6.3 Institutional construction output by activity type

4.6.4 Institutional construction value add by project type

4.7 Residential Construction

4.7.1 Residential construction output by project type

4.7.2 Residential construction output by cost type

4.7.3 Residential construction output by activity type

4.7.4 Residential construction value add by project type

5 Company Profile: Gulf Contracting Co. WLL

5.1 Gulf Contracting Co. WLL - Company Overview

5.2 Gulf Contracting Co. WLL - Main Services

5.3 Gulf Contracting Co. WLL - History

5.4 Gulf Contracting Co. WLL - Company Information

5.4.1 Gulf Contracting Co. WLL - key competitors

5.4.2 Gulf Contracting Co. WLL - key employees

6 Company Profile: MIDMAC CONTRACTING CO. WLL

6.1 Midmac Contracting Co. WLL - Company Overview

6.2 Midmac Contracting Co. WLL - Main Services

6.3 Midmac Contracting Co. WLL - History

6.4 Midmac Contracting Co. WLL - Company Information

6.4.1 Midmac Contracting Co. WLL - key competitors

6.4.2 Midmac Contracting Co. WLL - key employees

7 Company Profile: HBK Contracting Company WLL

7.1 HBK Contracting Company WLL - Company Overview

7.2 HBK Contracting Company WLL - Main Products and Services

7.3 HBK Contracting Company WLL - History

7.4 HBK Contracting Company WLL - Company Information

7.4.1 HBK Contracting Company WLL - key competitors

7.4.2 HBK Contracting Company WLL - key employees

8 Company Profile: Qatar Engineering & Construction Company WLL

8.1 Qatar Engineering & Construction Company WLL - Company Overview

8.2 Qatar Engineering & Construction Company WLL - Main Services

8.3 Qatar Engineering & Construction Company WLL - History

8.4 Qatar Engineering & Construction Company WLL - Company Information

8.4.1 Qatar Engineering & Construction Company WLL - key competitors

8.4.2 Qatar Engineering & Construction Company WLL - key employee

9 Company Profile: Medgulf Construction Company (WLL)

9.1 Medgulf Construction Company (WLL) - Company Overview

9.2 Medgulf Construction Company (WLL) - Main Services

9.3 Medgulf Construction Company (WLL) - History

9.4 Medgulf Construction Company (WLL) - Company Information

9.4.1 Medgulf Construction Company (WLL) - key competitors

9.4.2 Medgulf Construction Company (WLL) - key employees

10 Appendix

10.1 What is this Report About?

10.2 Definitions

10.3 Methodology

10.4 Contact Timetric

10.5 About Timetric

10.6 Timetric's Services

10.7 Disclaimer

Figure 1: Qatari Construction Output (Real US$ 2010, Million), 2011-2020

Figure 2: Growth Matrix for Construction Output in Qatar (US$ Million), 2011-2020

Figure 3: Qatari Construction Output by Project Type (QAR Million), 2011-2020

Figure 4: Qatari Construction Output by Cost Type (QAR Million), 2011-2020

Figure 5: Qatari Construction Output by Activity Type (QAR Million), 2011-2020

Figure 6: Qatari Construction Value Add by Project Type (QAR Million), 2011-2020

Figure 7: Qatari Commercial Construction Output by Project Type (QAR Million), 2011-2020

Figure 8: Qatari Commercial Construction Output by Cost Type (QAR Million), 2011-2020

Figure 9: Qatari Commercial Construction Output by Activity Type (QAR Million), 2011-2020

Figure 10: Qatari Commercial Construction Value Add by Project Type (QAR Million), 2011-2020

Figure 11: Qatari Industrial Construction Output by Project Type (QAR Million), 2011-2020

Figure 12: Qatari Industrial Construction Output by Cost Type (QAR Million), 2011-2020

Figure 13: Qatari Industrial Construction Output by Activity Type (QAR Million), 2011-2020

Figure 14: Qatari Industrial Construction Value Add by Project Type (QAR Million), 2011-2020

Figure 15: Qatari Infrastructure Construction Output by Project Type (QAR Million), 2011-2020

Figure 16: Qatari Infrastructure Construction Output by Cost Type (QAR Million), 2011-2020

Figure 17: Qatari Infrastructure Construction Output by Activity Type (QAR Million), 2011-2020

Figure 18: Qatari Infrastructure Construction Value Add by Project Type (QAR Million), 2011-2020

Figure 19: Qatari Energy and Utilities Construction Output by Project Type (QAR Million), 2011-2020

Figure 20: Qatari Energy and Utilities Construction Output by Cost Type (QAR Million), 2011-2020

Figure 21: Qatari Energy and Utilities Construction Output by Activity Type (QAR Million), 2011-2020

Figure 22: Qatari Energy and Utilities Construction Value Add by Project Type (QAR Million), 2011-2020

Figure 23: Qatari Institutional Construction Output by Project Type (QAR Million), 2011-2020

Figure 24: Qatari Institutional Construction Output by Cost Type (QAR Million), 2011-2020

Figure 25: Qatari Institutional Construction Output by Activity Type (QAR Million), 2011-2020

Figure 26: Qatari Institutional Construction Value Add by Project Type (QAR Million), 2011-2020

Figure 27: Qatari Residential Construction Output by Project Type (QAR Million), 2011-2020

Figure 28: Qatari Residential Construction Output by Cost Type (QAR Million), 2011-2020

Figure 29: Qatari Residential Construction Output by Activity Type (QAR Million), 2011-2020

Figure 30: Qatari Residential Construction Value Add by Project Type (QAR Million), 2011-2020

Table 1: Qatari Construction Output by Project Type (QAR Million), 2011-2015

Table 2: Qatari Construction Output by Project Type (QAR Million), 2015-2020

Table 3: Qatari Construction Output by Cost Type (QAR Million), 2011-2015

Table 4: Qatari Construction Output by Cost Type (QAR Million), 2015-2020

Table 5: Qatari Construction Output by Activity Type (QAR Million), 2011-2015

Table 6: Qatari Construction Output by Activity Type (QAR Million), 2015-2020

Table 7: Qatari Construction Value Add by Project Type (QAR Million), 2011-2015

Table 8: Qatari Construction Value Add by Project Type (QAR Million), 2015-2020

Table 9: Qatari Commercial Construction Output by Project Type (QAR Million), 2011-2015

Table 10: Qatari Commercial Construction Output by Project Type (QAR Million), 2015-2020

Table 11: Qatari Commercial Construction Output by Cost Type (QAR Million), 2011-2015

Table 12: Qatari Commercial Construction Output by Cost Type (QAR Million), 2015-2020

Table 13: Qatari Commercial Construction Output by Activity Type (QAR Million), 2011-2015

Table 14: Qatari Commercial Construction Output by Activity Type (QAR Million), 2015-2020

Table 15: Qatari Commercial Construction Value Add by Project Type (QAR Million), 2011-2015

Table 16: Qatari Commercial Construction Value Add by Project Type (QAR Million), 2015-2020

Table 17: Qatari Industrial Construction Output by Project Type (QAR Million), 2011-2015

Table 18: Qatari Industrial Construction Output by Project Type (QAR Million), 2015-2020

Table 19: Qatari Industrial Construction Output by Cost Type (QAR Million), 2011-2015

Table 20: Qatari Industrial Construction Output by Cost Type (QAR Million), 2015-2020

Table 21: Qatari Industrial Construction Output by Activity Type (QAR Million), 2011-2015

Table 22: Qatari Industrial Construction Output by Activity Type (QAR Million), 2015-2020

Table 23: Qatari Industrial Construction Value Add by Project Type (QAR Million), 2011-2015

Table 24: Qatari Industrial Construction Value Add by Project Type (QAR Million), 2015-2020

Table 25: Qatari Infrastructure Construction Output by Project Type (QAR Million), 2011-2015

Table 26: Qatari Infrastructure Construction Output by Project Type (QAR Million), 2015-2020

Table 27: Qatari Infrastructure Construction Output by Cost Type (QAR Million), 2011-2015

Table 28: Qatari Infrastructure Construction Output by Cost Type (QAR Million), 2015-2020

Table 29: Qatari Infrastructure Construction Output by Activity Type (QAR Million), 2011-2015

Table 30: Qatari Infrastructure Construction Output by Activity Type (QAR Million), 2015-2020

Table 31: Qatari Infrastructure Construction Value Add by Project Type (QAR Million), 2011-2015

Table 32: Qatari Infrastructure Construction Value Add by Project Type (QAR Million), 2015-2020

Table 33: Qatari Energy and Utilities Construction Output by Project Type (QAR Million), 2011-2015

Table 34: Qatari Energy and Utilities Construction Output by Project Type (QAR Million), 2015-2020

Table 35: Qatari Energy and Utilities Construction Output by Cost Type (QAR Million), 2011-2015

Table 36: Qatari Energy and Utilities Construction Output by Cost Type (QAR Million), 2015-2020

Table 37: Qatari Energy and Utilities Construction Output by Activity Type (QAR Million), 2011-2015

Table 38: Qatari Energy and Utilities Construction Output by Activity Type (QAR Million), 2015-2020

Table 39: Qatari Energy and Utilities Construction Value Add by Project Type (QAR Million), 2011-2015

Table 40: Qatari Energy and Utilities Construction Value Add by Project Type (QAR Million), 2015-2020

Table 41: Qatari Institutional Construction Output by Project Type (QAR Million), 2011-2015

Table 42: Qatari Institutional Construction Output by Project Type (QAR Million), 2015-2020

Table 43: Qatari Institutional Construction Output by Cost Type (QAR Million), 2011-2015

Table 44: Qatari Institutional Construction Output by Cost Type (QAR Million), 2015-2020

Table 45: Qatari Institutional Construction Output by Activity Type (QAR Million), 2011-2015

Table 46: Qatari Institutional Construction Output by Activity Type (QAR Million), 2015-2020

Table 47: Qatari Institutional Construction Value Add by Project Type (QAR Million), 2011-2015

Table 48: Qatari Institutional Construction Value Add by Project Type (QAR Million), 2015-2020

Table 49: Qatari Residential Construction Output by Project Type (QAR Million), 2011-2015

Table 50: Qatari Residential Construction Output by Project Type (QAR Million), 2015-2020

Table 51: Qatari Residential Construction Output by Cost Type (QAR Million), 2011-2015

Table 52: Qatari Residential Construction Output by Cost Type (QAR Million), 2015-2020

Table 53: Qatari Residential Construction Output by Activity Type (QAR Million), 2011-2015

Table 54: Qatari Residential Construction Output by Activity Type (QAR Million), 2015-2020

Table 55: Qatari Residential Construction Value Add by Project Type (QAR Million), 2011-2015

Table 56: Qatari Residential Construction Value Add by Project Type (QAR Million), 2015-2020

Table 57: Gulf Contracting Co. WLL, Key Facts

Table 58: Gulf Contracting Co. WLL, Main Services

Table 59: Gulf Contracting Co. WLL, History

Table 60: Gulf Contracting Co. WLL, Key Employees

Table 61: Midmac Contracting Co. WLL, Key Facts

Table 62: Midmac Contracting Co. WLL, Main Services

Table 63: Midmac Contracting Co. WLL, History

Table 64: Midmac Contracting Co. WLL, Key Employees

Table 65: HBK Contracting Company WLL, Key Facts

Table 66: HBK Contracting Company WLL, Main Products and Services

Table 67: HBK Contracting Company WLL, History

Table 68: HBK Contracting Company WLL, Key Employees

Table 69: Qatar Engineering & Construction Company WLL, Key Facts

Table 70: Qatar Engineering & Construction Company WLL, Main Services

Table 71: Qatar Engineering & Construction Company WLL, History

Table 72: Qatar Engineering & Construction Company WLL, Key Employee

Table 73: Medgulf Construction Company (WLL), Key Facts

Table 74: Medgulf Construction Company (WLL), Main Services

Table 75: Medgulf Construction Company (WLL), History

Table 76: Medgulf Construction Company (WLL), Key Employees

Table 77: Timetric Construction Market Definitions

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Gulf Contracting Co. WLL

Midmac Contracting Co. WLL

HBK Contracting Company WLL

Qatar Engineering & Construction Company WLL

Medgulf Construction Company (WLL)

Construction, Qatari Construction Industry, Commercial Construction, Institutional Construction, Industrial Construction, Infrastructure Construction, Residential Construction, Energy and Utilities Construction


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