Along with international law firm Pinsent Masons we have revealed the results of our 2019 Qatar Construction Improvement Survey, which is the first of its kind undertaken for Qatar’s construction sector. The presentation event was held at the Intercontinental City Hotel, Doha on November 5th, 2019.
Around 100 construction experts, professionals and leading sector representatives attended the event, which focused on the survey results in the context of the current business climate. The event also provided a platform for attendees to discuss current challenges facing the industry and opportunities for the year ahead.
The survey examined the responses of 127 construction industry professionals. It found that the majority of respondents expected an increase in workload in the next year, reaffirming Qatar’s 2030 vision and the projects that are expected to come to market in the next 12 months. Additionally, transport was seen as a sector with the strongest opportunities, which correlates with Qatar’s ambition to expand not only its existing metro area coverage but also the Hamad International Airport, giving it the capacity to be the 13th largest airport in the world.
Speaking about the event, Pamela McDonald, Senior Associate, Pinsent Masons, said: “Through participating and leading seminars, training sessions and public courses, we hope to share our industry knowledge with those that would benefit from it the most.” She continued, “The results of the survey have been incredibly insightful and have provided us with a much deeper understanding in terms of what is working well in the sector and what still requires improvement. Events such as this provide a unique opportunity for all stakeholders to come together to focus on how we can continue to evolve this crucial sector, in line with the Government’s ambitious plans for growth.”
The survey revealed that the vast majority of respondents agree that Qatar is a good place to do business in 2020. A large number of participants expressed that they were considering the PPP opportunities being brought to market in Qatar under Ashghal.
Also commenting on the event, Head of Constructing Excellence in Qatar, Don Ward said: “We are pleased to partner with Pinsent Masons. Our seminars have proven that there is an appetite for progression and improvement in construction performance, and the results presented today showcased excellent progress in recent years whilst shedding light on what can still be improved in the future.”
As part of the presentation, Operational Manager for HKA Qatar, Tom Kapapa, discussed the theme of project finance including a discussion around the recent introduction of a unified form of Demand Guarantee Letter announced by the ICC Qatar, which aims at attracting more foreign investment into Qatar. Pamela McDonald also discussed changes in the dispute resolution landscape in Qatar including Qatar’s adoption on 7 August 2019 of the Singapore Mediation Convention which provides robust enforceability confidence for users of mediation as an alternative to litigation and arbitration in Qatar.
The event concluded with attendees having their say on the construction industry in Qatar, and a lively discussion ensued.
The slide deck presented is available to download here. Watch out for a further announcement about the release of a full report of the survey.
For any queries on this survey or the rest of the work programme of Constructing Excellence in Qatar, please contact email@example.com.