Top Projects in Qatar
BUYERS ARE ACTIVELY LOOKING TO SOURCE PRODUCTS FOR THESE TOP PROJECTS IN QATAR
Qatar now presents arguably the largest untapped business opportunity for international companies who are looking to supply a market that has an urgent need to source construction products.
Outlined in the “Qatari National Vision 2030” and supported by substantial government investment, billions of dollars are being poured into the construction of major commercial, retail, residential, hospitality, transportation, leisure and recreation projects in preparation for FIFA World Cup 2022 and the wider 2030 Vision. A selection of some of the top projects include:
- Lusail Mixed-Use Development
Project cost: $45 million
Waterfront development to the north of Doha. The lead developer is Qatari Diar, a QIA property investment fund. This phase includes islands, marinas and residential, commercial and business districts.
- Qatar Integrated Rail
Project cost: $40 billion
The project scope includes 260km of metro and light rail in Doha and 400km of mainlines, including passenger and freight rail linking Ras Laan and Messaieed via Doha, a high-speed rail link between Hamad International Airport and Doha city centre and a freight rail to be linked to a planned GCC network. Tunneling and station construction is underway.
- Ashghal Local Roads & Drainage Programme
Project cost: $14.6 billion
A network of roads, drainage, utilities and related infrastructure.
- Hamad International Airport
Project cost: $23.5 billion
There have been two phases of this project. The first phase was USD15bn development of the Hamad International Airport. The second phase is USD8bn expansion of the airport is expected to be awarded in 2016. The expansion involves increasing the size of the terminal by 50%, adding 24 airplane gates and enlarging two concourses (D&E).
- Bul Hanline Oilfield Redevelopment
Project cost: $11 billion
Qatar Petroleum (QP) aims to boost crude oil production in Qatar. Investment in new facilities is expected to double capacity to 90k b/d and extend the life of the field.
- Barzan Gas Development
Project cost: $10.3 billion
RasGas plans to increase gas supply to the domestic market to meet rising demand for power and other industrial uses. First production is expected later this year.
- Barwa Al Khor Development
Project cost: $10 billion
Mixed-use development (villas, town houses, terraces, flats, two hotels, a marina, golf course and shopping malls) to the north of Doha.
- Hamad Port
Project cost: $7.4 billion
A new port to the south of Doha, replacing the old port in central Doha. The project will be completed in three phases, with annual capacity expected to reach 1.7m tonnes of cargo, 1m tonnes of grains and 500,000 vehicles.
- 2022 World Cup Stadiums
Project cost: $4 billion
The construction contract for one of the football stadiums (Al-Bayt Al-Khor) for the FIFA World Cup in 2022 has been awarded. Most of the stadiums will have a capacity of 40-50k spectators while the Lusail stadium will have a capacity of over 86k spectators and will host the opening and final matches.
Qatari buyers are now actively seeking products to complete the projects underway and planned as they have to now source outside their traditional market routes. Building Services Qatar will bring government officials, project leads, procurement directors, architects, engineers, contractors and designers from this enormous range of projects to source new suppliers and products.