Construction
From The Report: Qatar 2020
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Despite some concerns for Qatar’s construction industry surrounding a narrowing pipeline for 2022 FIFA World Cup-related projects and a more general global economic slowdown, there is much reason for optimism within the sector in the years ahead. While Qatar’s economy continues to rely on hydrocarbons revenue, the construction sector is playing an important role in increasing diversification. Qatar’s 2020 budget demonstrates that there will be plenty of investment opportunities going forward, especially regarding infrastructure projects. Though the tournament’s flagship projects, such as stadiums, are nearing completion, Qatar still has a solid line-up of infrastructure and hospitality projects to prepare itself for the large influx of visitors in 2022. This chapter contains an interview with Saad bin Ahmad Al Muhannadi, President, Public Works Authority.