Following an annual growth of 1.4% in 2024, Qatar’s construction industry is expected to expand by 3.4% in real terms in 2025, supported by investments in residential, renewable energy and transportation infrastructure sectors. Growth will also be supported by the total allocation of QAR210.2 billion ($57.8 billion) in the 2025 Budget, an increase of 4.6% compared to the 2024 Budget. The major allocations in the budget include QAR22 billion ($6.04 billion) for the healthcare sector and QAR21.9 billion ($6.02 billion) for the municipality and environment sector. Despite the presence of positive factors, the waning commercial construction output continues to weigh on Qatar’s construction industry.
The analyst expects the industry to rebound at an annual average growth rate of 4.7% from 2026 to 2029, supported by public and private sector investments in renewable energy, water infrastructure and liquefied natural gas (LNG) projects. Qatar is aiming to increase the country’s renewable energy share in the total power mix from 5% in April 2024 to 18% by 2030, along with reducing the carbon dioxide emissions by 25% by 2030 compared to Business as usual (BAU) level (the level of emissions without climate policies) and having carbon zero footprint by 2050. It is part of the government’s National Renewable Energy Strategy that was launched in April 2024 by the Qatar General Electricity and Water Corporation (Kahramaa) to increase solar energy sources in the country. Growth in the natural gas sector will also be supported by the development of the North Field Expansion Project by the end of 2030 with an investment of QAR198.4 billion ($54.5 billion). The project is focused on achieving the lowest costs and emissions intensity in LNG production.
The analyst expects the industry to rebound at an annual average growth rate of 4.7% from 2026 to 2029, supported by public and private sector investments in renewable energy, water infrastructure and liquefied natural gas (LNG) projects. Qatar is aiming to increase the country’s renewable energy share in the total power mix from 5% in April 2024 to 18% by 2030, along with reducing the carbon dioxide emissions by 25% by 2030 compared to Business as usual (BAU) level (the level of emissions without climate policies) and having carbon zero footprint by 2050. It is part of the government’s National Renewable Energy Strategy that was launched in April 2024 by the Qatar General Electricity and Water Corporation (Kahramaa) to increase solar energy sources in the country. Growth in the natural gas sector will also be supported by the development of the North Field Expansion Project by the end of 2030 with an investment of QAR198.4 billion ($54.5 billion). The project is focused on achieving the lowest costs and emissions intensity in LNG production.
The Construction in Qatar - Key Trends and Opportunities to 2029 (Q2 2025) report provides detailed market analysis, information, and insights into Qatar's construction industry, including:
- Qatar’s construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Qatar’s construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline
Scope
This report provides a comprehensive analysis of the construction industry in Qatar. It provides:
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Qatar, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons 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 the analyst's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
List of Tables
List of Figures
