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Qatar construction industry booms

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Qatar construction industry
Energy   Minister of Energy and Industry Mohammed bin Saleh Al Sada:

The State of Qatar's Minister of Energy and Industry Mohammed bin Saleh Al Sada said Qatar is leading the cement industry in this region because of the mega projects under progress in preparation for the 2022 FIFA World Cup.

Speaking at cement industry seminar Intercem he said, Gulf region is witnessing unprecedented prosperity in areas of infrastructure projects especially due to two important events FIFA World Cup 2022 and Expo 2020 hosted by Qatar and UAE.

He said Gulf countries are going to invest $210bn for these two events where $120bn is allocated for infrastructure projects including transportation, road constructions and bridges, according to the Peninsula.

The minister said the construction sector in the GCC will show growth by 5.3 percent until 2020 compared to 2.2 percent in the developed countries.

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