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Qatar's $27.3 billion construction market reveals a distinctly energy-focused profile, with oil & gas leading at $18 billion, a clear indication of the nation's commitment to maintaining its position as a global LNG leader. Infrastructure development follows at $4.2 billion, supporting the country's connectivity and urban planning goals. Buildings ($3 billion) and power & water ($2.1 billion) round out the portfolio, reflecting a mature market with targeted investment in specific growth areas.
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The Qatari government has set in motion the Third National Development Strategy 2024-2030 to realize its National Vision 2030, which focuses on promoting its non-oil sectors such as construction. Some of the key upcoming projects aligned with the national strategy include North Field Expansion – North Field West, Maydan Mahzam Fields Redevelopment, Urea Production Complex at Mesaieed Industrial City, Bul Hanine Expansion, NGL 5 Plant in MIC, Salt Production Plant in the Umm Al Houl Area, High-speed Rail Line connecting Riyadh and Doha and Simaisma project and more in the pipeline.
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