Qatar Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (Q2 2025)
Summary
Following an annual growth of 1.4% in 2024, Qatar’s construction industry is expected to expand by 3.4% in real terms in 2025, supported by investments in residential, renewable energy and transportation infrastructure sectors. Growth will also be supported by the total allocation of QAR210.2 billion ($57.8 billion) in the 2025 Budget, an increase of 4.6% compared to the 2024 Budget. The major allocations in the budget include QAR22 billion ($6.04 billion) for the healthcare sector and QAR21.9 billion ($6.02 billion) for the municipality and environment sector. Despite the presence of positive factors, the waning commercial construction output continues to weigh on Qatar’s construction industry.
GlobalData expects the industry to rebound at an annual average growth rate of 4.7% from 2026 to 2029, supported by public and private sector investments in renewable energy, water infrastructure and liquefied natural gas (LNG) projects. Qatar is aiming to increase the country’s renewable energy share in the total power mix from 5% in April 2024 to 18% by 2030, along with reducing the carbon dioxide emissions by 25% by 2030 compared to Business as usual (BAU) level (the level of emissions without climate policies) and having carbon zero footprint by 2050. It is part of the government’s National Renewable Energy Strategy that was launched in April 2024 by the Qatar General Electricity and Water Corporation (Kahramaa) to increase solar energy sources in the country. Growth in the natural gas sector will also be supported by the development of the North Field Expansion Project by the end of 2030 with an investment of QAR198.4 billion ($54.5 billion). The project is focused on achieving the lowest costs and emissions intensity in LNG production.
GlobalData’s Construction in Qatar - Key Trends and Opportunities to 2029 (Q2 2025) report provides detailed market analysis, information, and insights into Qatar's construction industry, including -
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