Market Trends of Qatar Facility Management Industry
This section covers the major market trends shaping the Qatar Facility Management Market according to our research experts:
Public/ Infrastructure Sector Accounts for Significant Growth
- The government buildings in the country use services such as fire alarms and safety, energy management solutions, CCTV monitoring services, and other integrated facility management services. Local providers, such as Elegancia, aggressively seek clientele across government organizations and subsequent long-term project partnerships.
- The PWD sector is expected to roll out 19 infrastructure projects, with Residential Real Estate as a critical focus. These include plans to build hard infrastructure on more than 5,000 plots of land. Eleven other projects that include new healthcare facilities, schools, and highway and road expansions that were started earlier will be completed.
- Also, the introduction of freehold property has increased the number of property owners from Western countries that demand high facility management standards. According to Ian Harfield, CEO of CBFM, the Middle Eastern market is more dynamic in comparison to the US, European, and Australian markets. Moreover, service providers must be dynamic and agile to meet the clients' changing needs. Most international companies enter the Qatari market through joint ventures with local companies since retaining a skilled workforce is challenging.
- Qatar upholds its transport infrastructure with great connectivity through air, rail, road, and sea, which is a major contributor to the country's sustainable growth. The country continues to invest heavily in exploring areas for enhanced connectivity and upgrading the existing infrastructure. For instance, in the second half of 2021 last year, the spending on major infrastructure projects was QR 15 billion (USD 4 billion), which was 20.8% of the state's budget.
Further, the infrastructure push from the government is focused on providing more opportunities to local construction firms, with small-scale businesses expected to be the principal beneficiaries of nationwide development projects. This trend is expected to help create influential local facility management participants. With the availability of stronger local partners, the market is expected to attract foreign partners to continue to invest in large projects in a post-2022 scenario.
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Increasing Emphasis on Green Building Practices
- The growing importance of Qatar in the market is due to the high number of certified green buildings. In the Middle East, only the UAE has a higher number of certified green buildings. Qatar has the fifth-highest number of LEED-registered and certified buildings outside the U.S.
- Qatar Green Building Council (QGBC), the local regulatory body, has been actively promoting sustainable practices. By organizing Qatar Sustainability Week (QSW), the regulatory body is raising awareness among a wider community (the public and private sectors).
- The Global Sustainability Assessment System (GSAS), developed by Qatar, is the world's most comprehensive green building assessment system. It was created after a thorough examination of 40 green building codes available worldwide.The codes developed strongly focus on sustainable development and environmental stress mitigation.
- Sustainable Energy Management Services are still one of the most important services that market vendors offer.The vendors' advisory services include reducing water consumption, carbon emissions, and ensuring compliance with legislation and energy consumption metrics.
- The city of Lusail, which epitomizes the government's Vision 2030 sustainable development plan, has a range of features, including water-sensitive landscaping plans and a district cooling system designed to save 65 million tons of CO2 a year.
