Experts: Ashghal’s QR 81 Billion Five-Year Plan to Boost Economy and Revive Construction Sector
A number of engineers and economic experts have praised the ambitious five-year plan recently launched by the Public Works Authority (Ashghal), worth over QR 81 billion. The plan, aimed at implementing a wide range of infrastructure projects, is expected to directly stimulate the national economy and revitalize the construction sector after a period of stagnation.
The investments will cover various areas, including residential land development, government buildings, sewage networks, and strategic drainage systems. Experts emphasized that the plan will create new job opportunities, expand urban development, and positively impact the real estate market, while supporting local industries and logistics services tied to infrastructure.
Dr. Abdullah Al-Mohannadi, CEO of Al Waab City, stressed the need for such a plan to revive the market following the post–World Cup slowdown, noting that over 120 professions benefit from construction activity. He urged prioritization of national companies, while maintaining high quality and timely delivery.
Engineer Ahmed Al-Jolo highlighted the plan’s potential to stimulate the real estate sector and accelerate economic growth, calling for the empowerment of local firms that gained significant experience during World Cup preparations.
Economist Dr. Abdullah Al-Khater described the plan as a catalyst for trust in the Qatari economy and a key step toward achieving Qatar National Vision 2030. He cautioned, however, against compromising on project quality or delivery timelines in the name of local support.
Engineer Nasser Al-Suwaidi noted that while top-tier companies will likely benefit most, this could open the door for small and medium-sized enterprises to take on private sector projects. He stressed the importance of adherence to deadlines and called for stricter measures against delays.
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2025-05-24