Experts recommended exploring the idea of further reducing working hours to see if it brings even more benefits
Qatar’s thriving construction sector is projected to grow at a fast clip of 17.6 per cent this year, boosted by strong gas revenue that provides ample funds to re-invest into infrastructure development and
construction projects.
“As the Qatari government continues to undertake massive initiatives to position the country as an economic leader in the region, we can expect significant investments to spill over to its real estate market,” said Muteab Al Sa’aq, chairman of Trance Continent which is organising this year’s event.
Since its inception three years ago, Q-REX has been experiencing an influx of participants from all over the world. The exhibition will be the launching pad for several large-scale projects, as well as the signing of multibillion dollar contracts between investors
and developers.
“This presents an expanded opportunity for global investors and companies involved with construction and property and infrastructure development to assess the potential in investing within this highly stable economy.”
“Q-REX’s aim is to provide global players with an overview of the current state of Qatar’s property market, and a venue where they can find the best investment options for both residential and infrastructure projects,” said
Al Sa’aq. In addition to housing units and public installations, Qatar has also seen growth in its office space market due to increased demand among global oil and gas companies, the banking and financial services sector, and government ministries and agencies. Growing tourism has also prompted Qatar to invest $17 billion in tourist infrastructure that woul raise hotel capacity by 400 per cent in 2012.
Experts recommended exploring the idea of further reducing working hours to see if it brings even more benefits
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