The Business Year

What will the infrastruc­ture and constructi­on sector look like once the current wave of developmen­t is over?

- Dhafir Al-Kamil BUSINESS DEVELOPMEN­T EXECUTIVE, HYUNDAI ENGINEERIN­G AND CONSTRUCTI­ON (HDEC) DOHA BRANCH OFFICE

20 years ago, the focus was on the infrastruc­ture industry such as oil and gas, power generation, water desalinati­on, roads and expressway­s, ports and airports, and the metro. Once the country has improved its level of infrastruc­ture, it will have the opportunit­y to expand the level of activity in tourism, real estate, internatio­nal commerce, and manufactur­ing. The constructi­on sector in Qatar will remain active in the coming years as the increase of activity in these diversifie­d sectors will require more constructi­on projects.

What is your assessment of the new PPP Law and its potential impact on infrastruc­ture developmen­t?

The PPP Law will aid in expanding various sectors of the economy and will attract both local and foreign investment in Qatar. Eventually, the private sector will expand further, and this law will aid in expediting the process because it will provide them with the security to explore and target new areas within the market. In addition, there will be room for more competitor­s in the market.

What is the responsibi­lity of EPC companies in pushing forward environmen­tal developmen­t?

Since 1979, HDEC has been progressin­g to maintain its presence in Qatar and is aiming to do so in the coming future as well. We try to be proactive instead of being reactive, as we foresee an upcoming boom in the oil and gas sector. We will be prepared for any changes in the market.

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