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Market Report, "Qatar Infrastructure Report Q3 2011", published

New Construction market report from Business Monitor International: "Qatar Infrastructure Report Q3 2011"

 
PRLog - Jul. 4, 2011 - BMI View: Qatar's construction sector is expected to return to real growth in 2011 following two consecutive years of contraction. The country's position as host of the 2022 FIFA World Cup will play a significant role in driving a new boom in the construction and infrastructure sectors. The Qatar Statistics Authority reported 14% year-on-year (y-o-y) nominal growth for Q4 2010 and this trend is expected to continue into 2011 and beyond. Based on this data, the industry is on track to achieve our forecasted nominal value of US$7.5bn in 2011.

Key developments include:

*  Qatari real estate developer Ezdan Real Estate Company is planning to build the tallest tower in the world in Doha, Qatar, according to Zawya. The firm has already bought large plots of land and is now in the process of securing construction permits from the local authorities for the residential project. Ezdan currently owns 7,000 residential units in the region.
 *  Qatar General Electricity and Water Corporation (Kahramaa) is overhauling 800km of transmission lines between Qatar, Saudi Arabia and Kuwait as part of the Gulf Cooperation Council (GCC) power grid project. The repair work will involve an investment of QAR72mn (US$19.77mn). The company plans to build 18 new electricity substations within three years under the current ninth phase of its project, which entails the installation of new cable lines and substations for the development and modernisation of present transmission network. The ninth and final phase of development projects is likely to cost QAR4.3bn (US$1.18bn).
 *  The New Doha port project has moved a step closer to completion with the news that Qatar has signed a deal with China Harbour Engineering Company (CHEC) to undertake the construction of the first phase of the port. BMI notes that although the port has been planned for some years - since the Emir of Qatar issued a decree for its construction in December 2007 - its construction will compliment the boon the country's transport infrastructure sector is set to enjoy in the light of Qatar having won the 2022 Football World Cup.

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Full Report Details at
- http://www.fastmr.com/prod/205419_qatar_infrastructure_re...
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Qatar is going to become a hub for the regional industry in the coming years. In March 2011 the government unveiled a US$125bn spending plan for construction and energy projects. This incorporates spending for the 2022 World Cup - an estimated US$80bn of investment in preparation for the tournament - including commercial projects and transport infrastructure.

The government has also allocated US$20bn to be invested in tourism, which will go on stadia as well as hotel capacity. The country expects to build nine air-conditioned outdoor stadia, while redeveloping three additional stadia at a combined cost of about US$4bn. The Lusail Stadium has been selected as the venue for the opening match and the final; the stadium is expected to have a capacity of 86,000 and is to be completed by 2019.

Furthermore, around US$25bn is expected to be spent on developing the country's rail lines, while US$20bn is to be earmarked for new road networks and US$11bn on a new airport - as well as US$1bn on a crossing between the airport and northern Doha. Meanwhile, US$5.5bn is to be spent on a new port. The country's selection by FIFA will also be a boon for existing project timelines, which will likely accelerate on the back of the news.

For a construction industry the size of Qatar's, the country's hosting of the FIFA 2022 World Cup will provide a huge boost for the sector over the coming years. While major international players undoubtedly stand to win from big-ticket stadia and infrastructure projects, local contractors will also benefit substantially, both through partnering with foreign firms or undertaking the myriad smaller projects required. However, challenges lie ahead, not least, the country's ability to accommodate the vast visitor numbers expected for an event of this size.

Report Table of Contents:

SWOT Analysis
- Qatar Infrastructure Industry SWOT
Market Overview
- Qatar
Building Materials
- Global Materials
- Middle East Overview
Industry Forecast Scenario
- Table: Qatar Construction And Infrastructure Industry Data
- Table: Qatar Construction And Infrastructure Industry Data
- Construction And Infrastructure Forecast Scenario
Transport Infrastructure
- Transport Infrastructure Overview
- Table: Competitiveness Of Qatar's Transport Infrastructure
- Major Projects Table - Transport
- Table: Major Infrastructure Projects - Transport
Energy And Utilities Infrastructure
- Energy And Utilities Infrastructure Overview
- Major Projects Table - Energy And Utilities
- Table: Major Infrastructure Projects - Energy & Utilities
Residential/Non-Residential Construction and Social Infrastructure
- Residential/Non-Residential Construction Forecast Scenario
- Residential/Non-Residential Construction and Social Infrastructure Overview
- Major Projects - Residential, Non-Residential Construction And Social Infrastructure
- Table: Major Infrastructure Projects - Residential/Non- Residential Construction and Social Infrastructure
Business Environment
- Qatar Business Environment
- Rewards
- Risks
- Regional Overview
- Middle East Infrastructure Business Environment Ratings
- Table: Middle East Infrastructure Business Environment Ratings
Company Monitor
- Consolidated Contractors Company (CCC)
Global Overview
Methodology
- Industry Forecasts
- Construction Industry
- Data Methodology
- New Infrastructure Data Sub-sectors
- Construction
- Capital Investment
- Construction Sector Employment
- Infrastructure Business Environment Rating
- Table: Infrastructure Business Environment Indicators

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets.  BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports.  Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports.  View more research from Business Monitor International at http://www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

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Industry:Construction, Industrial, Engineering
Tags:stadia, Infrastructure, construction, huge, projects, fifa, cup, expects, Property, games
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