Qatar’s QR210bn budget expenditure to bolster infrastructure projects
The Peninsula
Doha, Qatar: Qatar recently allocated a budget for several sectors to bolster economic growth and activities in 2025, highlighting that total expendit...
Doha, Qatar: Qatar recently allocated a budget for several sectors to bolster economic growth and activities in 2025, highlighting that total expenditures are projected at QR210.2bn, a 4.6 percent increase from the current year.
This allocation is expected to pave the way for the construction and infrastructure sector’s growth, noted analysts at Verified Market Research.
Experts affirm that the boost is “Driven by government expenditure, with huge reserves and budget surpluses allowing the government to fund many projects directly rather than depending on public-private partnerships.”
Qatar is actively spending on infrastructure and building projects at present focused on high-quality road networks and state-of-the-art facilities, in addition to numerous big projects in the construction realm attracting tourists and investors.
As per the latest report by Verified Market Research, the construction market size was valued at $58.36bn in 2024 and is projected to amount to $120.63bn by 2031, growing at a compound annual growth rate (CAGR) of 9.50 percent during the forecast period.