Qatar is intensifying investments in infrastructure and construction projects, prioritizing high-quality road networks and advanced facilities, while spearheading large-scale developments to attract tourists and investors.
For 2025, Qatar has allocated QR210.2 billion ($57.69 billion) across various sectors to stimulate economic growth, reflecting a 4.6% increase from the previous year. This strategic spending is expected to propel growth in the construction and infrastructure sectors, according to analysts at Verified Market Research.
Experts attribute this surge to Qatar’s robust reserves and budget surpluses, allowing the government to directly finance projects without heavy reliance on public-private partnerships.
A recent report by Verified Market Research highlights that Qatar’s construction market, valued at $58.36 billion in 2024, is projected to reach $120.63 billion by 2031, with a compound annual growth rate (CAGR) of 9.5%.
Industry experts foresee sustained growth in the construction market, driven by government commitments to enhance healthcare, education, and tourism. These initiatives are generating extensive construction opportunities across commercial, residential, industrial, infrastructure, energy, and utilities sectors.
Prominent players shaping Qatar’s construction landscape include Bilfinger Berger Qatar WLL, QDVC Q.S.C, HBK Contracting Company WLL, Medgulf Construction Company WLL, Ammico Contracting Co WLL, MIDMAC Contracting Co WLL, Redco International WLL, and Gulf Contracting Co WLL.
With infrastructure and tourism projects fueling GDP growth, Qatar’s construction industry continues to thrive, supported by population growth and rising employment prospects.
