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The Qatar roads and highways market is booming, fueled by massive government investments in infrastructure development. In 2023, the market size is estimated at USD 16.96 billion, and it is expected to reach USD 27.07 billion by 2028, growing at a CAGR of 9.80%.
This growth is driven by several factors, including:
Government commitment to infrastructure development: The Qatari government has pledged to invest heavily in infrastructure projects, including roads and highways, as part of its Qatar National Vision 2030.
Upcoming mega-events: The country is gearing up to host major sporting events like the 2023 AFC Asian Cup and the 2027 Asian Games, which require significant infrastructure upgrades.
Rapid economic growth: Qatar's economy is experiencing rapid growth, fueled by its vast oil and gas reserves. This growth is leading to increased demand for transportation infrastructure.
The Qatar government is the largest buyer of roads and highways products and services in the country. In 2022, the government awarded contracts worth USD 12 billion for various road and highway projects.
Main Roads and Highways Products and Services Procured by Qatar Government
The main roads and highways products and services procured by the Qatar government include:
Construction of new roads and highways
Maintenance and repair of existing roads and highways
Traffic management systems
Road safety equipment and materials
Consultancy services
The top authorities responsible for roads and highways procurement in Qatar are:
Ashghal: The Public Works Authority responsible for planning, design, construction, and maintenance of all public infrastructure in Qatar.
Ministry of Transport and Communications: Oversees the development and implementation of transportation policy in Qatar.
Qatar Rail: Responsible for developing and operating the national railway network in Qatar.
Some of the top companies that have won major roads and highways contracts in Qatar include:
HBK Contracting Company
UCC Holding
Larsen & Toubro
Galfar Engineering & Contracting
Bechtel
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