As a result of several mega infrastructure projects and other construction activities, demand for concrete materials in Qatar is expected to reach at least 100 million cubic meters (mcm) over the next eight years, said a statement issued by Advanced Construction and Technology Services (ACTS), a consulting firm.
Khaled Awad, Chairman of ACTS, said: "Expected demand on concrete in Qatar alone is at least 100mcm in the next eight years. This is a very important indicator about the growth of large scale construction projects undergoing in Qatar, which also represents a major challenge for industry players to comply with the required Qatari building standards and specifications."
While the region continues to experience growth in the construction industry, Qatar has been leading the way, exhibiting a bullish outlook given its phenomenal activity in the sector.
A number of infrastructure contracts have been awarded in recent months in Qatar resulting in higher construction activity.
Business Monitor International (BMI) revealed its latest report predicting that 2013-2022 average real GDP growth for Qatar is at eight percent a year. The report added that the country's spending on infrastructure is expected to reach around $150bn over the next decade, owing to the massive preparations for the World Cup hosting and in line with Qatar Vision 2030.
The Peninsula
21 November
