Qatar Projects, H1 2022 – Outlook of Major Projects in Qatar – MEED Insights
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Project market awards and Outlook
The news is pretty much all positive in Qatar’s projects market, which is currently a rising regional star thanks to the country’s upswell in activity over the past 12 months. This was led by the $13bn award in early 2021 for the construction contract on the new LNG processing trains at the all-important North Field development to France’s Technip Energies and Japan’s Chiyoda.
All in all, the value of projects under execution in Qatar grew by 19 per cent in 2021, and there remains $21.4bn-worth of project work in the bidding phase, including major gas and utilities schemes. Strong project activity in 2022 will build on Doha’s record LNG infrastructure contract award in 2021 and the pipeline, combined with Doha’s ample liquidity, should ensure the projects market remains a bright spot in the region and buoyant above and beyond the recovery in other non-oil sectors.
Master planned projects dominate Qatar’s pre-execution project pipeline as per the latest MEED Projects data. The LNG expansion programme and finalising projects in time for the 2022 World Cup will be the focus of attention over the next nine months.
Push for PPP projects
Qatar’s push for public-private partnership (PPP) projects through its forward-looking financial strategy followed the issuance of Law No. 12 of 2020 in May. The PPP law was seen as a critical development as the government looks to derisk its fiscal position and progress beyond traditional capital expenditure to fulfil Qatar National Vision 2030’s mandate, and opts to work with investors and operators that meet its meticulous PPP requirements.
Written by MEED, the Middle East market experts within the GlobalData Group, “Qatar Projects H1 2022” is focused on data, it is aimed at helping companies create strategies for targeting and growing the market.
Scope
Written by MEED, the Middle East market experts within the GlobalData Group, “Qatar Projects H1 2021”, is the update to last year’s report. Focused on data, it is aimed at helping companies create strategies for targeting and growing the market. It uses almost exclusively data from MEED Projects, the region’s leading online projects tracking service. With 15,000 active projects tracked and more than 35,000 in total in the database, MEED Projects makes it possible to quantify current, historical and future trends in the projects market in the region. I am certain that this report can help you achieve success in Qatar.
Reasons to Buy
– Opportunities and challenges in Qatar’s projects market
– Analysis of the pipeline of planned projects and contract awards
– Key policies and drivers shaping the outlook for projects in Qatar
– Political and economic background
– The barriers and challenges that may arise
– Sector-by-sector breakdown of future project plans
– Key drivers of projects in each sector
– Qatar’s most valuable key projects and major project sponsors
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