Companies in the Middle East region's construction segment are looking towards playing a major role in Qatar's current construction boom, according to the IFP Group, organisers of Project Qatar, the construction show for Qatar and the GCC.
The major growth in the country's construction sector is attributed to two leading factors, the organisers explained: the announcement of Qatar as the host for the 2022 FIFA World Cup and the able leadership of His Highness Hamad Bin Khalifa Al Thani, the Emir of Qatar, who has exerted major efforts in the move to usher in progress and development.
"With infrastructure projects amounting to over US$100 billion over the next 12 years, the amount of preparations needed involve the development and creation of key infrastructure that can meet the demand of hosting one of the world's most followed sporting events. This scale of construction projects are bound to attract the attention of construction companies from across the region wanting to take part in project opportunities created by the favourable market conditions," said George Ayache, General Manager, IFP Qatar.
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