The International Monetary Fund (IMF) is expecting Qatar to reach an annual growth rate of 3.4%, the highest forecast growth in the GCC region.
Moreover, Qatar’s budget for 2017 has earmarked USD 26 Billion (QR 93.2 Billion) for major projects in key sectors: transportation and infrastructure alone have been allocated USD 12 Billion (QR 42 Billion), representing 21.2% of the total budgeted expenditure. Qatar’s construction industry is further fueled by the FIFA World Cup 2022 and the Qatar National Vision 2030 (QNV 2030).
The country’s transformation into a knowledge-based economy is well underway and is expected to gather pace as Qatar moves toward diversifying its economy, achieving sustainable development, and providing high standards of living for its population through its 2030 vision.
Project Qatar: the country’s unique construction arena
Project Qatar is the optimal business platform to access Qatar’s solid construction industry.
Welcoming national governmental entities as well as regional and international decision-makers, Project Qatar 2017 is the unique gateway to construction opportunities in Qatar. Now in its 14th edition, the exhibition is a peerless platform for establishing regional and international construction networks. In 2016, the exhibition gathered more than 440 regional and international exhibitors – representing more than 1050 companies – from 38 countries - across 32,000 SQM of exhibition space. The four-day business platform included 17 National Pavilions and was supported by 18 international official bodies.
“Based on our experience in Project Qatar we find this event to be very well organized, it allows us to meet with business professionals and it keeps our companies in touch with the evolution of the market”, said Mounif Kilani, Economic and Commercial Counsellor at the Embassy of the Kingdom of Belgium in Qatar. “We are provided with all sorts of useful information about the upcoming projects in Qatar, the market trends, what are the main activities that are now the focus in the construction field.”
This year’s edition of Project Qatar will be held concurrently with Heavy Max 2017, The 14th International Exhibition for Heavy Machinery; Qatar Stone Tech 2017, The 6th International Stone and Stone Technology Show, in addition to: Hospital Build, Qatar Sports Infrastructure, and Qatar Transport and Logistics. The exhibition also includes a free B2B Matchmaking service, specialized conferences and workshops, and construction site tours.
Held at the Doha Exhibition & Convention Center (DECC), the state-of-the-art venue located at the heart of the Qatari capital, Project Qatar is your opportunity to generate valuable local and regional sales, and to position yourself at the forefront of the Qatari construction industry.
For more information about Project Qatar, visit our website at: www.projectqatar.com