Saturday, February 16, 2013

60 billion dollar construction contracts in Qatar over two years



Qatar has now entered the next crucial stage in preparation for the 2022 World Cup, where a significant increase in the number of contracts in the active enterprise market is expected for the years 2013 and 2014.

During this stage consultants work intensively and contractors brace for the tenders in preparation. They impatiently await the announcement of granted contracts, which are likely to reach 25-30 Billion US Dollars a year, making Qatar the leading enterprise market with the fastest growth rates in the world. These developments are to be discussed extensively during the upcoming Qatar Projects’ Conference 2013, which will be held under the patronage of His Excellency Dr. Mohammed bin Saleh al-Sada, Minister of Energy and Industry as well as Chairman & Managing Director of Qatar Petroleum, who will also be giving a keynote at the event on February 18, 2013.

The conference will be held at Grand Hyatt Doha, supported by Qatar Petroleum, Qatar Chamber and the Public Works Authority, and will be characterized by an overview of the significant projects currently being developed, as well as projects to be granted, during a time where the country prepares for the biggest event it has known to date.

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