Feb 3 2010
Research and Markets (http://www.researchandmarkets.com/research/4b2494/qatar_building_con) has announced the addition of the "Qatar Building Construction Sector Overview 2010" report to their offering.
Touting to record the highest economic growth in the World, Qatar has everything from a strong backing of robust fiscal reserves, a continued flow of revenue from gas exports, prudent monetary policies of central banks and a focused Governmental efforts to build a world class infrastructure helping the Building and construction sector in emerging to be a strong and mature market. The sector however is yet to unleash its complete potential restrained by cautious approaches of real estate developers who appear hesitant due to global economic slowdown and the gradual fading of workforce from the country thus threatening a glut in the supply of housing.
This study from the team of analysts at Ventures aims to analyze the various factors that impact this dynamic market. The Qatar Building and construction Industry is analyzed under the following chapters:
- Total Market for Building Construction Sector in Qatar
- Analysis of Infrastructure developments in Qatar
- Analysis of Qatar Retail and Commercial Sector
- Analysis of Qatar Residential Sector
- Analysis of Qatar Hospitality Sector
- Analysis of Leisure & Tourism Sector
- Analysis of Mixed-Use Sector
- Conclusion
Market Drivers:
a. Governments focus on Infrastructure developments drives demand for construction projects
b. Legislations supporting foreigners purchasing freehold residential units escalates demand for affordable housing
c. Impending New Doha International Airport drives demand for construction activities
d. Robust fiscal reserves and continued flow of funds from hydrocarbons sector fuels growth in Construction sector
e. Demand for increasing commercial/office space stimulates growth in the commercial and retail sector
f. Increasing investments in the Hospitality sector increases demand for construction activities
Market Restraints:
a. Gradually receding workforce threatens developments in residential segment
b. Slack in private sector involvement dampens real estate activity
c. Cautious approach of real estate developers delays/ shelves off real estate projects
d. Global economic downturn hits Oil sector thus reducing the inflow of funds for construction activities
e. Impertinent delays in project execution hinders real estate development
Source: http://www.researchandmarkets.com/