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RISE IN QATAR CONSTRUCTION COSTS EXPECTED
The construction industry in Qatar will have to deal with soaring costs as the country gears up for the staging of its biggest event yet. According to the Tender Price Index for Qatar, prepared by MEED Cost Indices, costs in 2017 will be 18 per cent higher than current price levels. The rise in costs will strain the country's supply chain, ultimately impacting the value of contract awards from 2013 onwards, reaching a peak of $40 bn in 2017. With supplies secured and a port capable of handlin...
Construction Industry In Qatar, MEED Cost Indices, Strain The Country's Supply Chain
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