Construction in Qatar - Key Trends and Opportunities to 2017

Published: Feb, 2014 | Pages: 70 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)


Synopsis
This report provides detailed market analysis, information and insights into the Qatari construction industry including:
The Qatari construction industry's growth prospects by market, project type and type of construction activity
Analysis of equipment, material and service costs across each project type within Qatar
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Qatari construction industry
Assessment of the competitive forces facing the construction industry in Qatar, and profiles of the leading operators
Data highlights of the largest construction projects in Qatar. 

Summary
The Qatari construction industry recorded a  review-period CAGR of 0.07%. The government has invested considerably in developing the country's tourism, education and infrastructure, which led to growth in the industry. However, growth was hampered by the impact of the financial crisis, which reduced the demand for residential and commercial construction projects due to a lack of confidence among private investors. The outlook for construction is favorable, as a result of Qatar hosting the FIFA 2022 World Cup, resulting in the government's focus on infrastructure and residential construction. The industry's output is expected to record a CAGR of 5.50% over the forecast period. 
Scope
This report provides a comprehensive analysis of the construction industry in Qatar. It provides:
Historical (2008-2012) and forecast (2013-2017) valuations of the construction industry in Qatar using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
Analysis of key construction industry issues, including regulation, cost management, funding and pricing
Assessment of the competitive environment using Porter's Five Forces analysis
Detailed profiles of the leading construction companies in Qatar 
Reason To Buy
 Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
Assess market growth potential at a micro-level with over 600 time-series data forecasts
Understand the latest industry and market trends
Formulate and validate business strategies using Timetric's critical and actionable insight
Assess business risks, including cost, regulatory and competitive pressures
Evaluate competitive risk and success factors 
Key Highlights
 Growth in the construction industry has been strong since the second quarter of 2012. In real terms, output expanded by an average of around 11.0%, from 9,543 in the second quarter of 2011 to 10,635 in the second quarter of 2012. The outlook is also positive, with the government's five-year development plan for the country supporting the construction industry by allocating QAR455 (US$125 billion) for development projects during 2011-2016. Of the total, QAR236.6 billion (US$65 billion) will be spent on infrastructure projects, and the remaining QAR218.4 billion (US$60 billion) on residential, commercial and LNG construction projects.  
The 2022 FIFA World Cup is expected to be a key driver for industry growth over the forecast period, with a number of infrastructure projects expected to be undertaken by the government in preparation for the event. The government plans to spend QAR580.8 billion (US$160 billion) on these projects, representing 40% of its 2012-2016 infrastructure projects budget.  
The government is also undertaking three large-scale railway projects over the forecast period: the metro rail network in Doha, the over ground railway service to cover the entire country, and the Gulf Cooperation Council (GCC) railway project. The combined cost of these rail projects is expected to be QAR133.5 billion (US$36.6 billion). The projects are expected to support the expansion of the construction industry over the forecast period. In addition, Doha is set to construct a new port to the value of QAR1.01 billion (US$301 million). Hyundai Engineering and Construction announced in August 2013 that it had won a share of the project, valuing QAR677 million (US$186 million), with work expected to be completed in 30 months. A QAR4.5 billion (US$1.23 billion) contract to dredge the approach channel was awarded to the Middle East Dredging Company.  
Construction growth will also be driven by the Qatar National Vision 2030, through which the country looks to become a developed nation by diversifying its economy, achieving sustainable development and providing a high standard of living for its population. The government plans more than QAR237 billion (US$65 billion) on infrastructure spending until 2016, with investments by Barwa and Qatar Diar for residential and business construction projects, and also by the Qatar Foundation with Sidra Hospital and Education City in health and education.

 1 Executive Summary
2 Market Overview
2.1 The Domestic Economy
2.2 Key Trends and Issues
2.3 Key Construction Indicators
2.4 Benchmarking by Market Size and Growth
2.5 Price Dymics
2.5.1 Salaries
2.5.2 Equipment
2.5.3 Materials
2.5.4 Energy
2.6 Porter's Five Forces Alysis
2.6.1 Bargaining power of suppliers - medium
2.6.2 Bargaining power of buyers - medium
2.6.3 Barriers to entry - medium
2.6.4 Intensity of rivalry - low to medium
2.6.5 Threat of substitution - medium
2.7 Demographic Profile
3 Commercial Construction
3.1 Performance Outlook
3.2 Key Trends and Issues
3.3 Data and Project Highlights
4 Industrial Construction
4.1 Performance Outlook
4.2 Key Trends and Issues
4.3 Data and Project Highlights
5 Infrastructure Construction
5.1 Performance Outlook
5.2 Key Trends and Issues
5.3 Data and Project Highlights
6 Institutiol Construction
6.1 Performance Outlook
6.2 Key Trends and Issues
6.3 Data and Project Highlights
7 Residential Construction
7.1 Performance Outlook
7.2 Key Trends and Issues
7.3 Data and Project Highlights
8 Company Profile: Khayyat Contracting & Trading
8.1 Khayyat Contracting & Trading - Company Overview
8.2 Khayyat Contracting & Trading - Main Services
8.3 Khayyat Contracting & Trading - Company Information
8.3.1 Khayyat Contracting & Trading - key competitors
8.3.2 Khayyat Contracting & Trading - key employees
9 Company Profile: Medgulf Construction Company (WLL)
9.1 Medgulf Construction Company (WLL) - Company Overview
9.2 Medgulf Construction Company (WLL) - Main Services
9.3 Medgulf Construction Company (WLL) - Company Information
9.3.1 Medgulf Construction Company (WLL) - key competitors
9.3.2 Medgulf Construction Company (WLL) - key employees
10 Company Profile: Qatar Engineering & Construction Company WLL
10.1 Qatar Engineering & Construction Company WLL - Company Overview
10.2 Qatar Engineering & Construction Company WLL - Business Description
10.3 Qatar Engineering & Construction Company WLL - Main Services
10.4 Qatar Engineering & Construction Company WLL - Company Information
10.4.1 Qatar Engineering & Construction Company WLL - key competitors
10.4.2 Qatar Engineering & Construction Company WLL - key employee
11 Company Profile: HBK Contracting Company WLL
11.1 HBK Contracting Company WLL - Company Overview
11.2 HBK Contracting Company WLL - Main Services
11.3 HBK Contracting Company WLL - Company Information
11.3.1 HBK Contracting Company WLL - key competitors
11.3.2 HBK Contracting Company WLL - key employees
12 Company Profile: Bilfinger Berger Qatar WLL
12.1 Bilfinger Berger Qatar WLL - Company Overview
12.2 Bilfinger Berger Qatar WLL - Main Services
12.3 Bilfinger Berger Qatar WLL - Company Information
12.3.1 Bilfinger Berger Qatar WLL - key competitors
12.3.2 Bilfinger Berger Qatar WLL - key employees
13 Market Data Alysis
13.1 Construction Output and Value Add
13.1.1 Construction output by project type
13.1.2 Construction output by cost type
13.1.3 Construction output by activity type
13.1.4 Construction value add by project type
13.2 Commercial Construction
13.2.1 Commercial construction output by project type
13.2.2 Commercial construction output by cost type
13.2.3 Commercial construction output by activity type
13.2.4 Commercial construction value add by project type
13.3 Industrial Construction
13.3.1 Industrial construction output by project type
13.3.2 Industrial construction output by cost type
13.3.3 Industrial construction output by activity type
13.3.4 Industrial construction value add by project type
13.4 Infrastructure Construction
13.4.1 Infrastructure construction output by project type
13.4.2 Infrastructure construction output by cost type
13.4.3 Infrastructure construction output by activity type
13.4.4 Infrastructure construction value add by project type
13.5 Institutiol Construction
13.5.1 Institutiol construction output by project type
13.5.2 Institutiol construction output by cost type
13.5.3 Institutiol construction output by activity type
13.5.4 Institutiol construction value add by project type
13.6 Residential Construction
13.6.1 Residential construction output by project type
13.6.2 Residential construction output by cost type
13.6.3 Residential construction output by activity type
13.6.4 Residential construction value add by project type
14 Appendix
14.1 What is this Report About?
14.2 Definitions
14.3 Summary Methodology
14.4 Methodology
14.5 Contact Timetric
14.6 About Timetric
14.7 Timetric's Services
14.8 Disclaimer


List of Tables
Table 1: Benchmarking with Other Major Construction Industries
Table 2: Project 1 - NDIASC - New Doha Intertiol Airport - Doha
Table 3: Project 2 - GFH - Energy City Qatar - Doha
Table 4: Project 3 - BREG - Gulf Resort Development - Qatar
Table 5: Project 1 - QSTEC - Doha Polysilicon Manufacturing Plant - Qatar
Table 6: Project 2 - QNCC - Umm Bab Cement Manufacturing Plant - Qatar
Table 7: Project 1 - QRAIL - Qatar Rail Integrated Network - Doha
Table 8: Project 2 - NPSC - New Doha Port Development - Qatar
Table 9: Project 3 - ASHGHAL - Sharq Crossing - Qatar
Table 10: Project 1 - QF/QP - Doha Education City Development - Qatar
Table 11: Project 2 - QF - Sidra Medical And Research Center - Doha
Table 12: Project 3 - ASHGHAL - Hamad Medical City - Qatar
Table 13: Project 1 - ARCAPIT/AL - Imtiaz - Doha Al Sidra Golf Residential Development - Qatar
Table 14: Project 2 - EHG - AL Wakrah Housing Development - Doha
Table 15: Project 3 - MOSIA - New Interl Security Force Camp Development - Qatar
Table 16: Khayyat Contracting & Trading, Key Facts
Table 17: Khayyat Contracting & Trading, Main Services
Table 18: Khayyat Contracting & Trading, Key Employees
Table 19: Medgulf Construction Company (WLL), Key Facts
Table 20: Medgulf Construction Company (WLL), Main Services
Table 21: Medgulf Construction Company (WLL), Key Employees
Table 22: Qatar Engineering & Construction Company WLL, Key Facts
Table 23: Qatar Engineering & Construction Company WLL, Main Services
Table 24: Qatar Engineering & Construction Company WLL, Key Employee
Table 25: HBK Contracting Company WLL, Key Facts
Table 26: HBK Contracting Company WLL, Main Services
Table 27: HBK Contracting Company WLL, Key Employees
Table 28: Bilfinger Berger Qatar WLL, Key Facts
Table 29: Bilfinger Berger Qatar WLL, Main Services
Table 30: Bilfinger Berger Qatar WLL, Key Employees
Table 31: Qatari Construction Output by Project Type (QAR Million), 2008 - 2012
Table 32: Qatari Construction Output by Project Type (QAR Million), 2012 - 2017
Table 33: Qatari Construction Output by Cost Type (QAR Million), 2008-2012
Table 34: Qatari Construction Output by Cost Type (QAR Million), 2012-2017
Table 35: Qatari Construction Output by Activity Type (QAR Million), 2008-2012
Table 36: Qatari Construction Output by Activity Type (QAR Million), 2012-2017
Table 37: Qatari Construction Value Add by Project Type (QAR Million), 2008-2012
Table 38: Qatari Construction Value Add by Project Type (QAR Million), 2012-2017
Table 39: Qatari Commercial Construction Output by Project Type (QAR Million), 2008-2012
Table 40: Qatari Commercial Construction Output by Project Type (QAR Million), 2012-2017
Table 41: Qatari Commercial Construction Output by Cost Type (QAR Million), 2008-2012
Table 42: Qatari Commercial Construction Output by Cost Type (QAR Million), 2012-2017
Table 43: Qatari Commercial Construction Output by Activity Type (QAR Million), 2008-2012
Table 44: Qatari Commercial Construction Output by Activity Type (QAR Million), 2012-2017
Table 45: Qatari Commercial Construction Value Add by Project Type (QAR Million), 2008-2012
Table 46: Qatari Commercial Construction Value Add by Project Type (QAR Million), 2012-2017
Table 47: Qatari Industrial Construction Output by Project Type (QAR Million), 2008-2012
Table 48: Qatari Industrial Construction Output by Project Type (QAR Million), 2012-2017
Table 49: Qatari Industrial Construction Output by Cost Type (QAR Million), 2008-2012
Table 50: Qatari Industrial Construction Output by Cost Type (QAR Million), 2012-2017
Table 51: Qatari Industrial Construction Output by Activity Type (QAR Million), 2008-2012
Table 52: Qatari Industrial Construction Output by Activity Type (QAR Million), 2012-2017
Table 53: Qatari Industrial Construction Value Add by Project Type (QAR Million), 2008-2012
Table 54: Qatari Industrial Construction Value Add by Project Type (QAR Million), 2012-2017
Table 55: Qatari Infrastructure Construction Output by Project Type (QAR Million), 2008-2012
Table 56: Qatari Infrastructure Construction Output by Project Type (QAR Million), 2012-2017
Table 57: Qatari Infrastructure Construction Output by Cost Type (QAR Million), 2008-2012
Table 58: Qatari Infrastructure Construction Output by Cost Type (QAR Million), 2012-2017
Table 59: Qatari Infrastructure Construction Output by Activity Type (QAR Million), 2008-2012
Table 60: Qatari Infrastructure Construction Output by Activity Type (QAR Million), 2012-2017
Table 61: Qatari Infrastructure Construction Value Add by Project Type (QAR Million), 2008-2012
Table 62: Qatari Infrastructure Construction Value Add by Project Type (QAR Million), 2012-2017
Table 63: Qatari Institutiol Construction Output by Project Type (QAR Million), 2008-2012
Table 64: Qatari Institutiol Construction Output by Project Type (QAR Million), 2012-2017
Table 65: Qatari Institutiol Construction Output by Cost Type (QAR Million), 2008-2012
Table 66: Qatari Institutiol Construction Output by Cost Type (QAR Million), 2012-2017
Table 67: Qatari Institutiol Construction Output by Activity Type (QAR Million), 2008-2012
Table 68: Qatari Institutiol Construction Output by Activity Type (QAR Million), 2012-2017
Table 69: Qatari Institutiol Construction Value Add by Project Type (QAR Million), 2008-2012
Table 70: Qatari Institutiol Construction Value Add by Project Type (QAR Million), 2012-2017
Table 71: Qatari Residential Construction Output by Project Type (QAR Million), 2008-2012
Table 72: Qatari Residential Construction Output by Project Type (QAR Million), 2012-2017
Table 73: Qatari Residential Construction Output by Cost Type (QAR Million), 2008-2012
Table 74: Qatari Residential Construction Output by Cost Type (QAR Million), 2012-2017
Table 75: Qatari Residential Construction Output by Activity Type (QAR Million), 2008-2012
Table 76: Qatari Residential Construction Output by Activity Type (QAR Million), 2012-2017
Table 77: Qatari Residential Construction Value Add by Project Type (QAR Million), 2008-2012
Table 78: Qatari Residential Construction Value Add by Project Type (QAR Million), 2012-2017
Table 79: Timetric Construction Market Definitions