Over the past decade, Qatar has made substantial economic progress and global recognition. It will continue expanding foreign direct investment options and diversifying its economy. While there was a slowdown in major projects post-World Cup, fundamental market conditions remain robust. Qatar focuses on sustainable construction initiatives in alignment with Qatar National Vision 2030, driven by digital transformation and environmental responsibility. Cost inflation has eased, and a significant number of new projects are expected by 2025, consolidating Qatar’s position as a tourism and transportation hub. Qatar’s construction sector is projected to reach $57.68bn in 2023 and $89.27bn by 2028.(tnk.net)
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